Tax Reform Claims Popular College Sports Deduction: Impact Unclear but many Enthusiasts Unfazed
Apr 06, 2018 03:22PM
● By
Makayla Gay
The Internal Revenue Code had allowed an 80 percent deduction, as a charitable contribution, for donations paid for the right to purchase season tickets for athletic-event seating. Under tax reform signed into law by President Trump, the deduction was eliminated.
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