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Are gifts to BU Athletics tax deductible?

athletics BU deductible gifts tax
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Are gifts to BU Athletics tax deductible?

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Yes, gifts to BU Athletics for which you receive no benefits are fully tax deductible. If you accept benefits, the tax deductible portion of your gift is equal to the gift amount reduced by the Fair Market Value (FMV) of the benefits received. For more information regarding tax deductibility, pleas consult your tax advisor.

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