JRider

iTrader: (1)

Doing my Taxes finally, every poker/fun run I have been in was a charitable event...what is deductible on taxes? The entry fee? Fuel?

ben

iTrader: (1)

I deducted the entry fee, gas is a write off regardless.

badmonkey

All of it.....I let the accountant deal with it...

JRider

iTrader: (1)

Anybody else?

Knot 4 Me

Entry fee only.

Dave M

Not an expert, but I would think entry fee minus whatever the value of what you receive, meals, t-shirts, etc.

offshoredrillin

Both my accountant and my attorneys gave me a bit of advise over 20 years ago "pigs get fat, hogs get slaughtered"... meaing choose your battles, why risk trying to claim something that will throw up a red flag, when there are so many other deductions that get over looked.

Knot 4 Me

Yes, you are correct. The portion of the fee that benefits the charity.

seafordguy

That's the Academically correct answer.

I'd just deduct the fee and move on versus trying to value meals, etc...... I think the IRS has bigger fish to fry and you have a check/CC statement to support it.