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Home / Questions & Answers / Are purchases at a benefit auction tax deductable?

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Are purchases at a benefit auction tax deductable?

Asked by: sitecontributor

A

The general answer is no.  The deduction is by the person who donated the item to the auction if the organization holding the auction is a non-profit organization.

Answered By: EdensAuctions
Are purchases at a benefit auction tax deductable?