Are items purchased at a charity auction, where all proceeds go to the charity, deductible?

 Author: skeetme(Newbie)Newbie

25 Aug 2024

Hi

I bid and purchased on an item at an online charity fundraising auction for a hospital (DGR status). I also purchased an item as part of a live auction (conducted in room and online via platform) for a mental health charity (DGR status), as part of their annual fundraising dinner event. I purchased the item online.

The amounts paid for each of the items were far greater than they were worth. All of the monies paid for the items were paid to the charities.

Are any of the amounts paid to the charities in the instances above, tax deductible to me?

Reply0 likes

4,241 views

1 replies

• Report as inappropriate

4,241 views

1 replies