Can A Check Dated In One Calendar Year Be Credited To A Different Calendar Year For Tax Deduction Purposes?
Bloomerang
MARCH 8, 2024
Generally, possession is determined by who has control of the money at any point in time. So, the gift would be made at that time. NOTE : You might reasonably think when a donor mails a check (not cash) they still have agency to cancel that check up until the time the charity deposits or cashes that check. But it’s a bit tricky.
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