Rachel learned that her grandmother died and left her an inheritance in 2013. At that time, she decided that she would contribute at least a portion of that inheritance to charity. In 2014, she received the full amount of the inheritance. On December 15, 2015, she made a pledge and wrote a check to the charity. She mailed the check on January 2, 2016, and the charity received the check within a few days. In which year can Rachel deduct the contribution?

Question

Quizplus · Accepted Answer

Even though Rachel received the inheritance and wrote the check before 2016, she did not deliver the funds until 2016. She can only deduct the charitable contribution in 2016.

Rachel Learned That Her Grandmother Died and Left Her an Inheritance