Introduction

This guide explains how to designate a portion of a payment as tax-deductible when setting up Paid Events or Simple Store Items in Member Essentials. This is done using the Tax-Deductible toggle and the Fair Market Value (FMV) field. 


For Leagues collecting payments for events or items, some purchases may only be partially tax-deductible (e.g., a Gala ticket includes dinner). This feature allows you to: 

  • Flag payments as tax-deductible 
  • Enter the Fair Market Value (FMV) 
  • Automatically calculate and display the tax-deductible portion on receipts 


IMPORTANT, tax receipts are currently not upported for Dues orders.  However, you can provide custom messaging to be included in the dues confirmation footer.  This will allow you to explain the tax deductible rules for your League as they apply to dues. To submit a request, please submit this form: Member Essentials - Dues Tax Footer.


Defining the Fair Market Value and Tax Deductibility in Paid Events

If any admission item or paid option included in the paid registration has Is Tax Deductible to Yes, the purchaser will receive a tax receipt in addition to the event confirmation 


Use these steps to define items that are tax deductible: Defining the FMV and Tax Deductibility in Paid Events


Defining the Fair Market Value and Tax Deductibility in Simple Store

If any purchase item included in the Simple Store has Is Tax Deductible to Yes, the purchaser will receive a tax receipt in addition to the Simple Store receipt.

Use these steps to define items which are tax deductible: Defining the FMV and Tax Deductibility in Simple Store


Defining Custom Tax Footer Messaging

The tax footer will appear at the bottom of the tax receipts. To include messaging specific to your League, use the tool Order Management, and select the tab Define Tax Footer.  Note, the default text is provided as a guide but should be customized for your League (e.g. change the League name). 


Resending Tax Receipts and Confirmations

Tax receipts and confirmation emails can be resent for FMV. See Resending Tax Receipts and Confirmations


Samples of Tax Receipts

When someone purchases an item from the Simple Store or paid event, they will receive a tax deductible receipt including the custom footer messaging.


Simple Store


Paid Event