Hi Dena,
A mulligan is not a game of chance, since golf is a contest of skill. I believe that mulligan "purchases" are fully deductible I previously wrote on this issue in this community:
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I've seen many golf tournaments that offer full tax deduction for
mulligans, because, in the absence of any prize, a
mulligan has no value. If we try to set an FMV on a
mulligan, how can we do so? If I'm playing a round of golf, and say I paid $100 for the round, if I take a
mulligan during play, I'm not charged anything at all. In the context of the commercial transaction, it seems reasonable to say that at least a couple of
mulligans over the course of play are included in my purchase. If I play two balls on each hole, I'm likely to get in trouble (or not, if the course isn't busy and the starter doesn't care...), so perhaps there's some line between a handful of
mulligans and many
mulligans, but it's still really marginal.
[...] The only "value" is the potential to improve your score in a tournament, which is not an economic benefit.
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Thank you,
Isaac Shalev
Data Strategy Expert
Sage70, Inc.
(917) 859-0151
isaac@sage70.com
Schedule a 30-minute consultation now:
Original Message:
Sent: 6/26/2024 10:52:00 AM
From: Dena Toth
Subject: Mulligans and Raffles
Hello, I am trying to get clarity on if a mulligan is considered a raffle...game of chance? Would it depend on if there was a prize to win at the golf tournament? Or, are all mulligans simply charitable contributions?
Thanks.
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Dena Toth
Medical University of South Carolina Foundation
tothd@musc.edu
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