Keep Track Of Deductibles On Checks All Year Long
I put deductible on the memo line on checks and, when balancing my account, write the name, etc. of the amount and to who the deductible was written to on the statement page. At years end, you can quickly get this part on paper ready for your tax preparer.
By Betty from Paducah, KY
January 14, 20080 found this helpful
When I make donations I use a highlighter to mark the entries for quick finding at tax time.
By guest (Guest Post) Flag
January 22, 20080 found this helpful
To keep track of charitable, I staple a portion of the mailer onto my check's carbon copy. It's always right there in my face. Easy for even me to put my hands on. Works, really.
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