The National Directory of Certified Public Accountants

Ask A CPA - Educational Tax Benefits

Is The Total Amount I Contributed To My College In Exchange For Football Stadium Tickets Deductible ?

No. If you make a contribution to a college and receive the right to buy football tickets, then the amount of the contribution is limited to 80% of the contribution to the school. The deduction is allowed only to the extent that you received the right to purchase the tickets rather than the ticket costs themselves.

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