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What are the tax benefits associated with donations that qualify for premium seats (suites, loge, premier club and priority club)?

April 26, 2017associated Benefits DONATIONS loge Premier Premium qualify seats suites tax

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What are the tax benefits associated with donations that qualify for premium seats (suites, loge, premier club and priority club)?

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IRS rules allow for a charitable deduction for qualifying donations associated with University-sponsored athletic events. The tax code provides for an 80% charitable deduction for gifts associated with premium seating at college events. Consult your tax adviser regarding your situation.