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Are contributions to NY SAVE tax deductible?

contributions deductible Ny tax
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Are contributions to NY SAVE tax deductible?

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Yes. Donors may deduct contributions as provided in Section 170 of the Internal Revenue Code. As a recently created organization, the IRS will treat NY SAVE as a publicly supported organization rather than as a private foundation until the end of its advance ruling period on December 31, 2002. (Back to top.

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