Hey CheapyD,Added some more prizes to the OP, including a Skylanders Swap Force starter pack for Xbox One! Thanks for your generous donations!!!
That'd be awesome, but I don't think Child's Play accepts it, so it might not happen.Hey CheapyD,
I was wondering if you can accept bitcoins as a form of donations? I am certain the bitcoin community will be happy to donate to charity.
Are these donations tax deductible in the US?
No! These are not tax deductible! This is a raffle. Your donation is as if you are purchasing a ticket to the raffle and therefore you are receiving something. NOT DEDUCTIBLEyes they are. I've claimed it every year.
Wot? They are tax deducible, raffle or not.No! These are not tax deductible! This is a raffle. Your donation is as if you are purchasing a ticket to the raffle and therefore you are receiving something. NOT DEDUCTIBLE
If you would like to deduct it, you should donate straight on their website and now through the CAG widget. (that way you do not enter the raffle)
See page 7 (http://www.irs.gov/pub/irs-pdf/p526.pdf):Wot? They are tax deducible, raffle or not.
Costs of raffles, bingo, lottery, etc. You cannot deduct as a charitable contribution amounts you pay to buy raffle or lottery tickets or to play bingo or other games of chance. For information on how to report gambling winnings and losses, see Deductions Not Subject to the 2% Limit in Publication 529.
Sounds like it's done by Paypal email. Or if both your Paypal, and CAG Email's match you get notified here for winning.Donated $50. How is it tracked so he knows who donated what?