Tech Fund Donations for Season Tickets

Longestday

Helluva Engineer
Featured Member
Messages
2,742
I just got a question from my Sister on deducting season ticket from taxes. The GT website states that 80% is deductible.

Does anyone know where to deduct this donation when doing taxes?
Is this just a charitable gift to the Georgia Tech Foundation?
I found a tax ID number for this foundation 58-58-6043294.

Thanks!
 

TheSilasSonRising

Helluva Engineer
Messages
3,729
Every single darn penny given to GT Athletics is tax deductible!

Every single time I watch or buy something at our sporting events I get an "education", whether I want to or not. It is all classified as an educational expense and by Heaven I am claiming it !!!!!
 

MikeGT02

Georgia Tech Fan
Messages
1
It is just the TECH FUND portion of the ticket prices, right?

I don't see that breakdown on my Season Ticket confirmation. Anyone know how to figure it out the charitable donation component?
 

RamblinJack

Georgia Tech Fan
Messages
12
The Charitable is just the Tech Fund. You cannot deduct the tickets unless you are a buisness as a marketing expense
 
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