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View Full Version : donating to pantheon tax deductible?


Sektor
02-06-2014, 06:42 PM
if so I'm gonna donate 1k

heartbrand
02-06-2014, 06:52 PM
no

Eslade
02-06-2014, 06:54 PM
Pretty much is donating for charity since there is nothing actually forcing them to release. Pretty sure it can be a tax write off as a business investment or a charity, seeing as how you're not getting anything in return.

There really needs to be a site dedicated to crowd funding video games specifically.

heartbrand
02-06-2014, 06:55 PM
no

Eslade
02-06-2014, 07:00 PM
no?

fiegi 8.0
02-06-2014, 07:06 PM
will ask the p99 official tax man (mornin) and report my findings back

Tassador
02-06-2014, 08:09 PM
claim p1999 as a dependent lord knows some treat it like one.

still_MORNIN
02-06-2014, 11:43 PM
will ask the p99 official tax man (mornin) and report my findings back

no

But you can deduct any RMT losses up to $3000 in excess of your total capital gains against your ordinary income Sektor.

HippoNipple
02-07-2014, 01:25 AM
Maybe you can deduct the difference between your donation and what you are receiving in return.

1,000

-exp pots on 15 year old emulated server
-raffle for an item on a 15 year old emulated server
-early access to a 13 year old expansion

You can deduct 1,000 from your taxes.

Those dumb IRS agents, only if they knew the value of emulated server pixels.

Clark
02-07-2014, 03:08 AM
LOL tax deduction. I've seen it all.

k9quaint
02-07-2014, 04:57 AM
The kickstarter project would have to be started by a 501c3 organization in order for your donations to be tax deductible.

Or as Heartbrand said, "no".

Swish
02-07-2014, 06:22 AM
The kickstarter project would have to be started by a 501c3 organization in order for your donations to be tax deductible.

Or as Heartbrand said, "no".

http://cdn.ebaumsworld.com/mediaFiles/picture/883100/83074136.gif

dre
02-07-2014, 07:40 AM
If the project is a 501(c)(3) organization, then you can deduct it on your taxes.

Pantheon is NOT a 501c3 (non-profit), therefore you cannot write it off.