New Amex statement credits

[prozac]

So where do you think this falls under, as the benefit is coming from Amex (3rd party) not the recipient.

Checking with an accountant. Answer shortly.

 

[prozac]

Can you claim a deduction for the amount you donate minus the credit? So if I donate $70 and receive a $20 credit, can I claim $50?

Response from my accountant is that YES you can claim the difference in the donation less the credit received.

I suspect quite a few AFF members may have bigger issues than a $20 Amex credit...

Quite. But why attract a desk audit that might uncover other more significant items.

 

[burmans]

I suspect quite a few AFF members may have bigger issues than a $20 Amex credit...

This has been commented on before (years ago) and as I recall no evidence this has ever been acted on?