Philadelphia Nesties
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

Tax deductiable gift question

When you give someone a gift of donation in honor of do you give them the tax deduction or do you use it? 

Re: Tax deductiable gift question

  • I don't think you can "gift" a tax deduction.  Any time I've made donations to places to honor someone, i.e., St. Jude, Habitat, etc., the receipt is written out to me, since I am the source of payment.  I have used this receipt for my tax returns with no issues.  The person you are honoring usually gets a letter from the charity that says:

    Dear friend of letranger,
    letranger made a $1 million gift on your behalf to honor your [birthday/wedding/life event] to our charity.  We will use this gift to pay for...research, capital costs, finding a cure for...  Thank you.

    Sincerely,

    Charity

  • Lol. I have written a million of these letters just had no idea if I was suppose to pass it off? Stupid question I know. 
  • We've done this for our inlaws for xmas and we have always kept the tax deduction :-)  But I think erbur is right, you can't pass it off.
    Pregnancy Ticker
  • you get it.
    Baby Birthday Ticker Ticker
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