Tuesday, December 29, 2009

When Does the Check Have to Be in the Mail?


If you're making your year-end charitable contributions by check, make sure you get them in the mail on or before December 31st. The IRS expects that donations made in this manner are postmarked on or before the last day of the year and deposited very shortly thereafter. Year after year, it never fails that charities receive a significant number of well-intentioned donors' checks dated in December yet postmarked in January and even February. If you want your donation to count for the current tax year, make a New Year's Eve trip to the post office--it's well worth it!

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