Charitable Deduction Information
Thank you for your charitable contribution to United Way of Salt Lake through your company's campaign! United Way of Salt Lake is a tax-exempt organization under Internal Revenue code section 501(c)(3). As such, your donation may be eligible for an IRS tax deduction.
IRS regulations state that the amount of a charitable contribution that is deductible for federal income tax purposes is limited to the excess of any money contributed over the fair market value of goods or services received. As such, the tax-deductible portion of your contribution is estimated as follows:
Purchase price $________
Less fair market value of goods/services received $________
Estimated value of donation $________
Please consult your tax advisor regarding your contribution and its deductibility. Thank you for supporting the United Way of Salt Lake.