Deducting the Cost of My School’s New Quarterback

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8/4/2022Updated: 8/4/2022

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Commentary

Since 1987, taxpayers have been denied charitable deductions for contributions to their university’s athletic department if the taxpayer receives the right to purchase tickets, preferred seating, etc.

Hank Adler

Author

Mr. Hank Adler is the Burra Executive Professor of Accounting at Chapman University. He was in public accounting for almost thirty-four years, the last twenty as a partner at Deloitte & Touche.

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