Irs Section 170 C

A charitable contribution shall be allowable as a deduction only if verified under regulations prescribed by the secretary.
Irs section 170 c. 2 corporations on accrual basis. Section 170 provides that contributions to certain types of organizations primarily 501 c 3 s and a few others are deductible by the donor as itemized deductions. For purposes of this section the term charitable contribution means a contribution or gift to or for the use of 1 a state a possession of the united states or any political subdivision of any of the.
For purposes of this notice a qualified real property interest is referred to as a conservation easement. Internal revenue code section 170 c 2 charitable etc contributions and gifts. 170 a 1 general rule there shall be allowed as a deduction any charitable contribution as defined in subsection c payment of which is made within the taxable year.
C charitable contribution defined. 170 a allowance of deduction i r c. There shall be allowed as a deduction any charitable contribution as defined in subsection c payment of which is made within the taxable year.