Can A Check Dated In One Calendar Year Be Credited To A Different Calendar Year For Tax Deduction Purposes?
Bloomerang
MARCH 8, 2024
This is because it is presumed, up until the date the gift appears on your doorstop, the donor still has possession as evidenced by the fact they can still contact the third party and cancel the transaction. If the check sent via private carrier arrived before December 31st, the donor’s deduction would fall in that calendar year.
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