Year of deductibility of year-end contributions
The IRS states that contributions are deductible in the year made. Checks will count as a 2024 contribution as long as they are mailed in 2024 and clear shortly thereafter. Donations made online or charged to a credit card will count as a 2024 contribution as long as they are posted in 2024. At Wrightsville Beach Baptist Church we will follow these guidelines as we want to have full integrity regarding the timeliness and cut-off of year-end contributions.
Examples:
1) A check written and postmarked in December 2024 is a year 2024 contribution, even if it’s not received until January 2025.
2) A check written in December 2024 but not postmarked until January 2025 is a year 2025 contribution.
3) Credit card contributions that are posted before the end of 2024 count for 2024, even if the credit card bill isn’t paid until 2025.
For gifts of securities, please contact the church office or email Tessa Wright, Treasurer
If you have further questions regarding contributions to the ministry and mission of Wrightsville Beach Baptist Church, please call the church office at 910-256-3682 or email the office via admin@wrightsvillebaptist.org.