Is the purchase of Girl Scout Cookies tax-deductible?
No and Yes. * No, if the customer keeps the cookies. Individuals who buy Girl Scout cookies and take the cookies home, or consume them, have purchased a product at a fair market value. For this reason, no part of the price of a box of Girl Scout cookies used in this way is tax-deductible. * Yes, if the customer leaves the cookies with Girl Scouts. Many Girl Scouts ask customers to pay for one or more boxes of cookies for use in their community service project, for example, collecting for a food pantry. The customers not receiving any Girl Scout cookies do not benefit directly from paying for them. Those individuals may treat the purchase price of the donated cookies as a charitable contribution. Individuals with specific questions should seek advice from a tax accountant.
No and yes. No, if the customer keeps the cookies. Individuals who buy Girl Scout Cookies and take the cookies home, or consume them, have purchased a product at a fair market value. For this reason, no part of the price of a box of Girl Scout Cookies used in this way is tax-deductible. Yes, if the customer leaves the cookies with Girl Scouts. Many Girl Scouts ask customers to purchase one or more boxes of cookies as a donation toward a community service project, for example, collecting for a food pantry. The customers not receiving any Girl Scout Cookies do not benefit directly from paying for them. Those individuals may treat the purchase price of the donated cookies as a charitable contribution. For more information on how to account for a tax deductible purchase, please consult your tax advisor.
No and Yes. No, if the customer keeps the cookies. Individuals who buy Girl Scout Cookies and take the cookies home, or consume them, have purchased a product at a fair market value. For this reason, no part of the price of a box of Girl Scout Cookies used in this way is tax-deductible. Yes, if the customer leaves the cookies with Girl Scouts. Many Girl Scouts ask customers to pay for one or more boxes of cookies for use in their community service project or “gift of caring,” for example, collecting for a food pantry. The customers not receiving any Girl Scout Cookies do not benefit directly from paying for them. Those individuals may treat the purchase price of the donated cookies as a charitable contribution.
