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My father passed away almost a year ago and I have started getting stuff in the mail for his taxes.


He had a account not sure the type that had a POD to the church does anyone know if that would be considered charitable donation for a tax deduction?


Thanks

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Clearly there was some money here. Taxes for an Estate are filed along with last taxes for the individual. I recommend a CPA does this with payment coming from the estate. They can answer complicated questions such as this. Often a POD account is considered to be an account held by both entities, and is covered for FDIC insurance thusly (each entity covered for 250,000). Once the individual is dead this account is considered to belong to the POD and a death certificate alone gets the money.
You need the advice of the accountant you will use for filings of your Dad's estate. Legal questions are always best passed on to experts as they have such serious repercussions. You can ask advice of the bank, as well, but to be frank, this should go to an accountant.
My brother had a POD to an ex partner, current friend. The account went to him upon presentation of the death certificate. It was not considered a "gift" to him. It was considered to BELONG TO HIM upon the death of my brother.
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Not sure if this is considered a donation. Its sort of an inheritance. But your tax preparer, if a good one, should know this answer. If considered a donation, then call the Church office and ask that you receive a formal thank you of receipt of the money for tax purposes.

Sorry, but there is no reason that a Church cannot acknowledge a donation. If small, then the minister or his wife send it out. You can have a form letter in your computer or thank you notes near by. 60k is a large amount of money to not acknowledge.
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Yes, the have until Jan 31 to send an official accounting.

But if my faith institution were left 60k, an immediate letter of thanks would have gone out.

This has been my experience with any church or synagogue I've given to, even for small gifts of $25.
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Geaton777 Jan 2022
This has not been my experience in my small church. It's not that they aren't grateful, it's that they only have a part-time (or very minimal) staff and the more important financial responsibilities are out-sourced to bookkeepers and accountants, etc. Communication, especially during tax "season" can be very delayed.
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The church legally has until the end of January 31, 2022 to get you the receipt.
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Did you not get an acknowlegement from the church?
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boxhead101 Jan 2022
I got a thank you card but it did not really say anything about the money.

It was just like we are grateful for the gift. Yes a very small church 60 people or so.
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https://www.irs.gov/businesses/small-businesses-self-employed/deceased-taxpayers-filing-the-final-returns-of-a-deceased-taxpayer

It looks like filing a final tax return is pretty much like filing a regular return. Was the money disbursed to the church during 2021?
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boxhead101 Jan 2022
Yes in 2021 i had to send the place his death certificate it was a POD transfer to the church. If it is a tax deduction i was going to try and get a receipt unless the original paperwork will do.

I asked them for a receipt they said the church should be able to give me one if needed.

It was for a lot of money 60K
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Box, ask this question at www.bogleheads.org
I am so sorry for your loss.
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