Are Girl Scout Cookies Tax-Deductible? It Depends.
March 17, 2007
I’ve had a lot of people asking if the purchase of girl scout cookies is a valid tax deduction. I consulted my tax friend and he pointed me the answer on the Girl Scouts website.
Basically, if you take posession of the cookies then you can’t write off the purchase because you received something in return for your money. If the Girl Scouts keep the cookies, I don’t know how often this happens, then the money you spend is tax-deductible. The information from the Girl Scout website is below.
Q: Is the purchase of Girl Scout Cookies tax-deductible?
A: No and Yes.
If the customer keeps the cookies. Individuals who buy Girl Scout Cookies and take the cookies home, or consume them, have purchased a product at a fair market value. For this reason, no part of the price of a box of Girl Scout Cookies used in this way is tax-deductible.
If the customer leaves the cookies with Girl Scouts. Many Girl Scouts ask customers to pay for one or more boxes of cookies for use in their community service project, for example, collecting for a food pantry. The customers not receiving any Girl Scout Cookies do not benefit directly from paying for them. Those individuals may treat the purchase price of the donated cookies as a charitable contribution.
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