FlyerTalk Forums - View Single Post - Charitable contributions to Susan G. Komen for the CureŽ (5 AA miles / $1.00 donated)
Old Oct 18, 2009 | 4:29 am
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ty97
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Originally Posted by Gregory Nelson
Maybe I'm missing something, but it seems that they won't give you a charity receipt for the full amount you donate. Instead, they deduct the "fair market value" of the miles at a dreadfully high rate.
They have to. You can't claim the full donation on your taxes, as you are getting something in return. You can only claim the charitable gift less what you received in turn. AA's following the IRS rules here.
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