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Old 01-29-2006, 03:22 PM
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Quote:
Originally posted by wrigley


Would the tickets purchased be considered tax deductible since it's for the pastor's wife?
Normally what's allowed by law to be tax deductible is the amount you get when you subtract the value of goods and services provided from the actual cost per person.

So, say dinner and drinks at cost have a value of $60 -- $100 - $60 = $40, and $40 would be considered tax deductible.
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