2012 contribution received in 2013

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ewinzer
Posts: 14
Joined: Tue Sep 11, 2012 12:25 pm

2012 contribution received in 2013

Post by ewinzer »

We received a check from a long time member this week asking us to put it towards her 2012 contributions. Her husband was in the ICU for a few weeks leading up to the end of the year so I want to help her but I'm not sure if I legally should. We wouldn't be depositing the money or posting it to fund accounting until our first 2013 deposit so I would strictly be adding it to the contribution module. Any advice?
Thanks,
Erica

tborgal
Posts: 863
Joined: Thu Jun 03, 2004 4:55 pm
Location: New England Bible Church, Andover, MA
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Re: 2012 contribution received in 2013

Post by tborgal »

If the check was mailed before the end of 2012 it can be credited to 2012 giving. If it was delivered to the church after 12/31 by the contributor it can not legally be credited to 2012 contributions even if the check date is before the new year. This is the strict interpretation of the of IRS rules on end of year giving.
Tom

paweaver
Posts: 1
Joined: Wed Dec 31, 2003 5:04 pm
Location: Broadmoor Assembly of God
Contact:

Re: 2012 contribution received in 2013

Post by paweaver »

Okay then the question is "If the check was mailed before the end of 2012 it can be credited to 2012 giving." How do you perform the task??

NeilZ
Posts: 10410
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
Contact:

Re: 2012 contribution received in 2013

Post by NeilZ »

paweaver wrote:Okay then the question is "If the check was mailed before the end of 2012 it can be credited to 2012 giving." How do you perform the task??
Enter the contribution for 12/31/2012 ...
Neil Zampella

Using PC+ since 1999.

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