- 12 - gift to or for the use of listed types of organizations. A charitable contribution is allowable as a deduction only if verified under regulations prescribed by the Secretary. See sec. 170(a)(1). For charitable contributions of money, taxpayers must maintain for each contribution one of the following: (1) A canceled check; (2) a receipt from the donee organization; or (3) other reliable written records. See sec. 1.170A-13(a)(1), Income Tax Regs. For charitable contributions of property other than money, taxpayers generally must maintain for each contribution a receipt from the donee showing the following information: (1) The name of the donee; (2) the date and location of the contribution; and (3) a description of the property in detail reasonably sufficient under the circumstances. See sec. 1.170A- 13(b)(1), Income Tax Regs. During the trial, petitioner presented an unsigned document entitled, "Quarterly Report of Giving", and a letter from his church. Both documents are unpersuasive. The document entitled "Quarterly Report of Giving" was not signed by a church official, even though it provided space for a signature. The church letter does not even state a definite contribution amount. Petitioner also claims that he contributed electrical equipment to Perry Technical Institute and an organization known as "N.P.O.".1 Petitioner has failed to introduce any evidence 1 We note that petitioner did not claim a contribution of (continued...)Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011