Newspaper Archive of
Arkansas Catholic
Litlte Rock, Arkansas
January 29, 1994     Arkansas Catholic
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January 29, 1994

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ARKANSAS CA TITJQ,I,IC ,lan ua y 29, J99fl, Page,5, ? Photos / by Pete Hoelscher "lncorae Tax," condnued from page 1 . You cannot deduct as a charitable conui- on, the amount you pay to buy raffle or tickets or to play bingo or other games chance," according to IRS regulations. fr affaks: If yu pur" ticket to a charitable dinner or event more than $75, you must deduct the price the meal itself, which the organization will to you, and claim the balance as a tax For example: You buy a ticket to lhnd.iaising dinner for $100. The actual " tof the meal is $25, therefore you may - uct $75 from your taxes. next tax season: written smm- the goods = by the organization are de m/n/n6s [ -- token goods or services or an intangible i religious benefit," according to IRS Publica- I tion 1771. This meang ' fou can deduct your en- fire payment to a qualified organization as a charitable contribution as a result of the payment, you receive los m'alue or lo - cost items such as bookmarks, calendars, mugs or caps that have on them the organization's name or logo; or you receive a low-cost item that you did not order and can keep, even if you do not make a con- tribution. "Also, the q- lified organization must notify you that the value of the item you received is insubstantial and that you can deduct your payment in full," Beasley said. IRS Publication 1771 and other regula- tiom are available by contacting the IRS. Following is a list of offices that offer walk-h customer service and a list of phone numbers for tax informalion. In most cases, a touch-tree phone is required. Federal forms maybe picked up at rno post office 10al 0ns. Federal IllS Office IocalJons and hours during filing season: Ro , 700 W. Capitol, 8 a.m.-425 p.m., M- F FayeRev///e, 35 E. Mountan, 8 a.m. - 425 p.m., M- F Fort Sm//h, 4.905 Old Greenwood, 8ash. :425 p.m., M - F Jonesb 615 S. Main, 8 a.m. - 4:30 p.m., M - F Rne B/uff, 100 E. 81h St, 8 am.- 4:30 p.m.,/Vk lays 0nly Hot Sprkxj 306 8a.m.- 4:30 Mordays only 500 N. Statdine Ave., 9 am. - 4.30 p.m., M - F. Federal bco Tax Genetd 1-800-TAX-1040 RNmtFTae-tax 24-hotr TDO for De#:. 1-8(X)-82F4 Phone Fom=: 1.800.829-,3676 daly .l 77 (Arkansas): 4.6260 * "lNs rm 's for peq tax be resd by norrrd rrw