• @ZodiacSF1969
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      11 year ago

      That’s not how charitable donation tax breaks work! You can’t claim a donation that was contributed by someone else. This is a common misperception, but it’s a dumb one because people say it all the time when it’s not true and then people don’t donate when they may otherwise have.

      In this particular example, The Rock and Oprah are acting as collectors of charitable contributions. They can only claim against their tax any money that they themselves donate. If you contribute to their collection, the only person who can claim your donation is you, against your taxes.

      It’s the same when the grocery store asks you to round up to charity. The store can only claim against their taxes if they are using their own money, for example contributing a portion of all sales or using previously earned funds. If you round up to donate to charity then you are the one who can claim, if it’s above the threshold.

      What you are suggesting they are doing is actually illegal, and the IRS could go after them for it.

      People on here are just as misinformed as everywhere else, it appears.