Internal Revenue Service January 8, 2016 – Federal Register Recent Federal Regulation Documents

Substantiation Requirement for Certain Contributions; Withdrawal
Document Number: 2016-189
Type: Proposed Rule
Date: 2016-01-08
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document withdraws proposed regulations that would implement the statutory exception to the ``contemporaneous written acknowledgement'' requirement for substantiating charitable contribution deductions of $250 or more. The withdrawal affects persons that make charitable contributions and organizations that receive charitable contributions.