Fitness Minutes: (7,854)
974 4/2/12 5:39 P
The race registration itself is not tax deductible, however, in races where you are required to fund-raise, those donations are tax deductible if the organization has 501(c) status. Check with race organizers.
4/15/12 Platte River half marathon - Done 5/4/12 Greenland 50K - Done 7/29/12 Loveland Little Sprint Triathlon - Done 9/3/12 (54th birthday) - American Discovery Trail marathon 11/4/12 NYC marathon 12/1/12 Rock Canyon Half marathon
You would have to consult the sign up, or the organizer's of the events. A lot of times there is a portion that is tax deductible, but not the entire fee. Most of the time at least a portion of the fee goes to the supplies and necessities, so just ask them what portion is tax deductible, and ask for a receipt.
Fitness Minutes: (7,418)
4/2/12 12:00 P
My sister and I have set a goal to run a 5K every month in 2012. We're doing a 5K and a 3K in April to make up for not doing one in January. Every one that we sign up for is benefitting a charity of some kind. Are we able to submit these entry receipts for tax donations on our taxes next year?
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