Just FYI, what you have described is what Publication 1771 suggests -
listing the two values and then stating something like, "The tax-deductible
amount is limited to the difference between these two amounts."
My preference is to state the deductible amount in the receipt so there is
no confusion!
John
John H. Taylor
Principal, John H. Taylor Consulting
2604 Sevier St.
Durham, NC 27705
johntaylorconsulting@gmail.com
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
On Mon, May 13, 2019 at 5:58 PM Anita Lawson <
ALawson@laphil.org> wrote:
> Hi All,
>
>
>
> Quick question. I’d like to hear from anyone who uses similar language on
> receipts stating *gift amount, GSV/benefit value*, but *NO tax-deductible
> amount*. Meaning that you do not do the math for the donor.
>
>
>
> Contact me directly, if you like, and thanks in advance!
>
>
>
> Anita
>
>
>
>
>
>
>
> *Anita Lawson*
>
> *Director, Development Operations*
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alawson@laphil.org <
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