Biggest question marks for the 2022 season?

[NDSU1980]

TM donation is no longer considered charity as it is no longer tax deductible unless used as a business entertainment expense.
But the fact is----its part of the cost of the ticket. No different than the seat license fees the NFL charges. IOW you HAVE to pay that fee just to be able to buy tickets.
So yes its part of the ticket price.

HUH? TM donations are deductible up to $600 per couple as far as I can tell. I used my IPF donation since it was larger than my TM donation but I'm sure the only thing you can't deduct up to that $600 is the cost of the ticket itself. This is even if you don't itemize.

[1979 Bison]

HUH? TM donations are deductible up to $600 per couple as far as I can tell. I used my IPF donation since it was larger than my TM donation but I'm sure the only thing you can't deduct up to that $600 is the cost of the ticket itself. This is even if you don't itemize.

Maybe an accountant or tax expert can correct me if I’m wrong, but my understanding is that if your TM donation provides for the right to purchase tickets to a college sports team’s home games (i.e.: essentially a seat fee), this is a completely non-deductible donation. In the example from NDSU1980 above, the $600 deduction is for a married couple filing jointly and not itemizing, but only if this donation does not give the donator a special benefit like the right to buy preferred seat tickets. This is a tax change from the CARES Act for 2021…not sure on future years’. A donation to a college fund (athletics or otherwise) is fully deductible if the tax filer itemizes, and also does not receive a benefit like seating priority.

[56BISON73]

Maybe an accountant or tax expert can correct me if I’m wrong, but my understanding is that if your TM donation provides for the right to purchase tickets to a college sports team’s home games (i.e.: essentially a seat fee), this is a completely non-deductible donation. In the example from NDSU1980 above, the $600 deduction is for a married couple filing jointly and not itemizing, but only if this donation does not give the donator a special benefit like the right to buy preferred seat tickets. This is a tax change from the CARES Act for 2021…not sure on future years’. A donation to a college fund (athletics or otherwise) is fully deductible if the tax filer itemizes, and also does not receive a benefit like seating priority.

This.....................

[56BISON73]

HUH? TM donations are deductible up to $600 per couple as far as I can tell. I used my IPF donation since it was larger than my TM donation but I'm sure the only thing you can't deduct up to that $600 is the cost of the ticket itself. This is even if you don't itemize.

IPF donation is a different animal. It has nothing to do with football tickets.

[KSBisonFan]

HUH? TM donations are deductible up to $600 per couple as far as I can tell. I used my IPF donation since it was larger than my TM donation but I'm sure the only thing you can't deduct up to that $600 is the cost of the ticket itself. This is even if you don't itemize.

The provision allowing $600 charitable deduction ($300 single filer) hasn't been extended for 2022. That could change though.

[123Gobison]

- Lack of competition besides SDSU
- Tyler Roehl ability to learn the play book and call some passing plays.

[GreenfieldBison]

- Lack of competition besides SDSU
- Tyler Roehl ability to learn the play book and call some passing plays.

Yeah yeah, good call.

Hey, did you happen to catch any of the games during the second half of the season? Any at all?

[scottietohottie]

Yeah yeah, good call.

Hey, did you happen to catch any of the games during the second half of the season? Any at all?

His season ended last October bro. But man have they been lifting hard since then.

[WeAreThePride]

Price gouging does not exist. The price is the price.

[td577]

Maybe an accountant or tax expert can correct me if I’m wrong, but my understanding is that if your TM donation provides for the right to purchase tickets to a college sports team’s home games (i.e.: essentially a seat fee), this is a completely non-deductible donation. In the example from NDSU1980 above, the $600 deduction is for a married couple filing jointly and not itemizing, but only if this donation does not give the donator a special benefit like the right to buy preferred seat tickets. This is a tax change from the CARES Act for 2021…not sure on future years’. A donation to a college fund (athletics or otherwise) is fully deductible if the tax filer itemizes, and also does not receive a benefit like seating priority.

How many people are really itemizing right now anyways? 2%

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