Are Daffy Gifts tax-deductible? Absolutely! Daffy is a registered 501(c)(3) not-for-profit organization, which means all of your contributions qualify as tax-deductible in the year they are made. This makes Daffy a fantastic option for a Donor-Advised Fund (DAF).
With Daffy, you can contribute to your personal charitable fund and then use these funds to donate to over 1.5 million charities through the Daffy app or website. This makes giving easy and efficient, allowing you to be the generous person you aspire to be.
One of the surprising results from our research was the number of people who were unsure about how much to give. With Daffy, you can set a goal for how much you want to give each year and automate your contributions on a weekly or monthly basis. This way, you can spread out your giving throughout the year and have all your tax-deductible contributions in one place come tax season.
If you're an investor who has benefitted from the rise in the stock market this year, consider giving a little to charities in need through Daffy. This is a rare opportunity for you to benefit personally and maximize your generosity to charities.
Please note that the information contained in this post is for educational purposes only and should not be considered tax advice. To assess your specific tax situation, please consult with a tax professional.
So, are you ready to be part of the Daffy community and make giving a habit? Get started today!