Kickstarter: Donations tax deductible?

[Peter Haworth]

Hi COlin,
You're not buying anything, you're donating money for which you get
something free in return.  I think that's how the IRS would treat it if
they decided to audit you.

Once again though, I'm not an accountant so should probably check with
someone of that profession.

Pete
lcSQL Software <http://www.lcsql.com>


On Tue, Feb 26, 2013 at 3:03 PM, Colin Holgate <coiin at verizon.net> wrote:

> Would it need to be a charity? For example, when I do my taxes this time
> I'm going to be claiming the money I spent on the RunRev conference and on
> my complete license. Wouldn't the Kickstarter payment be a mixture of
> investment and product purchasing?
>
>
> On Feb 25, 2013, at 8:55 PM, Peter Haworth <pete at lcsql.com> wrote:
>
> > Not unless RunRev are a registered charity in the USA (not likely).
> >
> > In fact, If I remember rightly, Kickstarter won't accept charity
> projects.
>
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