Anecdotally, I've got a PBS Passport account and I don't see Milk Street in my library. But it could well depend on one's geographic location or local station.
I am not an accountant, but my accountant yells at me enough to impart a few pieces of wisdom.
This is a common misconception of "donations." Only the excess of the "donation" minus the fair market value of the "gift" is tax deductible.
So a $120 donation that gets me a nice $20 tote, will have a tax-deductible receipt of $100.
So for a video streaming service I'd expect none of it to be deductible, because if you look at other TV streaming services, you pay $10/mo for the service, so the fair market value of PBS passport might actually be higher than the donation amount.
AdmiralAsshat|7 years ago
hedora|7 years ago
jermaustin1|7 years ago
This is a common misconception of "donations." Only the excess of the "donation" minus the fair market value of the "gift" is tax deductible.
So a $120 donation that gets me a nice $20 tote, will have a tax-deductible receipt of $100.
So for a video streaming service I'd expect none of it to be deductible, because if you look at other TV streaming services, you pay $10/mo for the service, so the fair market value of PBS passport might actually be higher than the donation amount.
duxup|7 years ago
I'm going to take a guess and say that it might be the same content, or very similar.