Rosetta Code talk:Finances: Difference between revisions

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Can donations here be a write-off? Not sure what all the tax rules are. Is that related to the educational status you were trying to get? --[[User:Mwn3d|Mwn3d]] 03:41, 24 August 2010 (UTC)
Can donations here be a write-off? Not sure what all the tax rules are. Is that related to the educational status you were trying to get? --[[User:Mwn3d|Mwn3d]] 03:41, 24 August 2010 (UTC)
:No, donations can't be written off. Rosetta Code does not have 501(3)(c) status, or any other non-profit status. Yes, that's the educational status I'd like to get. To get it though, there really needs to be a financial history I can point the IRS at, and the paperwork (and required internal rules) are thicker. --[[User:Short Circuit|Michael Mol]] 07:44, 24 August 2010 (UTC)

Revision as of 07:44, 24 August 2010

Any questions, leave them here. --Michael Mol 02:25, 23 August 2010 (UTC)

Write-off?

Can donations here be a write-off? Not sure what all the tax rules are. Is that related to the educational status you were trying to get? --Mwn3d 03:41, 24 August 2010 (UTC)

No, donations can't be written off. Rosetta Code does not have 501(3)(c) status, or any other non-profit status. Yes, that's the educational status I'd like to get. To get it though, there really needs to be a financial history I can point the IRS at, and the paperwork (and required internal rules) are thicker. --Michael Mol 07:44, 24 August 2010 (UTC)