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IPTAY donations tax deductible?
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IPTAY donations tax deductible?


Nov 20, 2018, 5:05 PM

I read an article in WSJ today that the IRS rules for tax deductibility of booster donations has been taken away, they particularly mentioned donations that lead to "points" for better seats is out.

Im just a little guy in IPTAY, so it doesnt affect me much, but wondering if anyone is worried about this?

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Re: IPTAY donations tax deductible?


Nov 20, 2018, 5:07 PM

you could take 80% in the past but most donations are lost with the new laws.

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Re: IPTAY donations tax deductible?


Nov 20, 2018, 7:28 PM

Not any longer. Specifically mentioned athletic booster programs.

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Not anymore.***


Nov 20, 2018, 5:08 PM



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"Anybody that says Coach Brownell is the best coach to come through Clemson is going to start an argument." -JP Hall


Re: IPTAY donations tax deductible?


Nov 20, 2018, 5:16 PM

> I'm just a little guy in IPTAY, so it doesnt affect me much, but wondering if anyone is worried about this?

Yes. Large donors are definitely worried about this. The smart ones accelerated their IPTAY 2018 donations into December 2017 to maintain their deductibility. However, it's going to be a consideration going forward for IPTAY 2019 and beyond.

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I'm good enough, I'm smart enough, and doggone it, people like me.


Re: IPTAY donations tax deductible?


Nov 20, 2018, 6:30 PM

Can’t we just run them through New Spr.....oh never mind.

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Re: IPTAY donations tax deductible?


Nov 20, 2018, 7:15 PM

They are not deductible. Honestly, they shouldn't be.

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