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Foreign-donation write-offs are OK

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in Small Business Tax,Small Business Tax Deduction Strategies

Q: In a recent Mail Call answer, you said a person can deduct donations to some charities in Canada, Mexico and Israel. (5/30/05 issue) Do you have authority for that statement? M.L.

A: Yes. The IRS explains the rules for deductions to qualified organizations in Publication 526, Charitable Contributions. The rules allow deductions for contributions under specific treaties with these three countries. But be aware that special limits apply. Also, you may not be able to deduct donations if you don't have any income from sources within the foreign country. For more details, go to and click on "Types of qualified organizations."

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