What’s in a name? Charitable deductions — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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What’s in a name? Charitable deductions

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in Small Business Tax

Q. I recently made a charitable gift in my mother’s name. Can I deduct this donation on my tax return? H.G.R., Indianapolis

A. Yes. Typically, if you’re making a gift to honor someone, you are the person actually providing the funds for the contribution. This entitles you to claim the resulting charitable deduction on your tax return. Similarly, if you make a charitable gift on behalf of another person, you still are eligible to claim the deduction.

Tip: You probably will receive an acknowledgment from the charity thanking you for the gift in your mother’s honor. Make sure the charitable records properly reflect your contribution.

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