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How much of my contribution is tax-deductible?
How much of my contribution is tax-deductible?
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Written by Support
Updated over a week ago

Generally, you are eligible to take an immediate tax deduction for the calendar year when the contribution is made. The amount eligible for deduction varies depending on a member’s filing status, adjusted gross income, and contribution made.

  • You are only eligible for a tax deduction when making the initial contribution to your Daffy fund.

  • You may not take an additional deduction when a donation is recommended to a charity from your Daffy fund.

  • You may not take an additional deduction when transferring another DAF to Daffy.

It is always best to consult a tax professional to understand your specific situation.

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