Not being a tax law officianado (sp?)

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Posted by Kim at etntwn1-blk1-hfc-0252-d1db060b.rdc1.nj.comcastatwork.com on October 19, 1999 at 11:39:33:

In Reply to: Dogma Screening Q for Kim or Vincent posted by Hermione on October 19, 1999 at 10:16:45:

: Because I'm a greedy little girl, I was wondering if the Dogma tickets are tax deductible -as they are for charity and all.

: Thanks!
: Jean

I don't know how it works out for the individual ticket purchaser. I know that we intend to donate the proceeds to charity in one lump sum amount -- so I don't see how, legally, you could double count the charity donation. In my "stoopid-girl" logic, that would be like VA/Jay & Silent Bob's Secret Stash donating (then writing off) roughly $10,000 -- and then all individual ticket purchasers claiming their multiple's of $30 -- , so it would seem like the Diabetes Association received $20,000 -- instead of the true amount of $10,000 -- raised from the event. It doesn't seem right.

does that make sense?

I guess my answer wasn't very helpful. Knew I should've went to law school.

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Re: Not being a tax law officianado (sp?) Jeff T. 18:30:11 10/19/99 (1)
- Re: Not being a tax law officianado (sp?) Jeff T. 18:37:55 10/19/99 (0)
Cool- Thanks Kim! *nt* Hermione 12:18:37 10/19/99 (0)
Makes sense to me.. should ask the accountant *nt* RugMuncher 11:56:41 10/19/99 (0)

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: : Because I'm a greedy little girl, I was wondering if the Dogma tickets are tax deductible -as they are for charity and all. : : Thanks! : : Jean : I don't know how it works out for the individual ticket purchaser. I know that we intend to donate the proceeds to charity in one lump sum amount -- so I don't see how, legally, you could double count the charity donation. In my "stoopid-girl" logic, that would be like VA/Jay & Silent Bob's Secret Stash donating (then writing off) roughly $10,000 -- and then all individual ticket purchasers claiming their multiple's of $30 -- , so it would seem like the Diabetes Association received $20,000 -- instead of the true amount of $10,000 -- raised from the event. It doesn't seem right. : does that make sense? : I guess my answer wasn't very helpful. Knew I should've went to law school.

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