Should this item be treated as charity and deducted as charitable contributiton?

  • Creator
    Topic
  • #175931
    Anonymous
    Inactive

    the item in question is “ Tapper’s matching contribution to employee‐designated qualified universities made during Year

    “, since I am not an american, i can’t understand that contribtition to an employee college should be treated as charity,is it right?and will be deductible? thank you for your help, REG is killing me…

Viewing 4 replies - 1 through 4 (of 4 total)
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    Replies
  • #393855
    Noct
    Participant

    Some employers offer to match employees' charitable contributions when they are deducted from their paycheck. The employees' share is deductible on their schedule A, and the employer deducts it on their business return. The key to your question is that the money going to the school is a donation, not tuition.

    FAR - 79 - 07/2012
    AUD - 65, 78 - 11/2012
    BEC - 76 - 11/2012
    REG - 78 - 01/2013
    ETH - 98 - 01/2013

    Material: Wiley books

    #393856
    Gerg, CPA
    Participant

    you'll have to excuse my professional skepticism, but there's no way you passed AUD, BEC & FAR all within a 5 day window….

    unless you are a robot…. you did say you're not an american, and robots arent american …..i'm on to you

    FAR - 1/26/2012 - PASSED (78, but Lost credit), re-do 11/27/2013 - PASSED (87)!
    AUD - EPIC FAIL, 71, 69; 68; 5/25/2013 - PASSED (85)!
    REG - 10/1/2012 - 72; 7/1/2013 - 73 UGH, 10/1/2013 - PASSED (85)!
    BEC - 2/28/2013 - PASSED (82)!
    Licensed CPA!

    Used Becker self-study materials (just this for FAR original & REG #1), WileyTestBank, NINJA notes/audio, and Roger cram course for AUD #5, REG #3 & FAR reboot. CPA!

    #393857
    Anonymous
    Inactive

    thank you ^^

    #393858
    Anonymous
    Inactive

    USA is far away from my country, so i must finish most coures within a short time ^ ^

Viewing 4 replies - 1 through 4 (of 4 total)
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