Today TaxMama® hears from Eliezer in the TaxQuips Forum with this interesting question. “Many non-profit organizations run raffles with great prizes. Sometimes the raffle tickets can get pricey (>$100) and the entrants want to deduct these amounts as charitable contributions to the non-profit organization. Assuming the entrant did not have any winnings, is there any situation […]
Tag Archives: Lotteries
Way back in the beginning, when the commercial Internet opened up, working mothers found that it was a great place to interact and share information. A variety of sites sprang up, help out, and fizzled out. Some survived. Today, let me introduce you to the launch of a Work at Home Mom site that will […]
Today TaxMama hears from Roki in Michigan, who wants to know. “I have people calling me telling me I won sweepstakes. But the thing is they say that I have to pay a sum to get my winnings. Is that true or a scam? Also what is the best way to find out if it’s […]
Today TaxMama hears from Jim in Missouri who’s come up with a winner. “I am on the board of directors for a Lutheran school. We wish to enter a raffle for a prize (car, jewelry, etc.), then offer whatever what is won at our annual dinner/silent auction night. If we win one of the items […]