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An Overview of Deductions for Gifts to Charity

the tax year, you can enter these under: Federal Section > Deductions > Enter Myself > Itemized Deductions > Gifts to Charity. Organizations that Qualify You can deduct contributions or gifts you gave to organizations that are religious

Gifts to Charity - What is a "qualifying organization"?

For your donation or contribution to be deductible, the primary function or purpose of the organization that you donated to must be one of the following: Religious Charitable Educational Scientific Literary The prevention of cruelty to children or animals Certain organizations that foster national or international amateur sports competition also qualify. War veteran's organizations, including posts, auxiliaries, trusts, or foundations, organized in the U.S. or any of its possessions. Domestic fraternal societies, orders, and associations operating under the lodge system (to be deductible, the contribution must be used soley for the purposes listed above- Charitable, Literary, etc.). Certain nonprofit cemetery companies or corporations (the contribution is not deductible if it can be used for the case of a specific lot or mausoleum crypt). The United States or any state, the District of Columbia, a U.S. possession, a political subdivision of state or U.S. possession, or an Indian tribal government or any of its subdivisions that perform substantial government functions (to be deduction, your contribution must be made solely for public purposes). If you made a contribution, but are not sure if the organization qualifies as charitable, you can either: Check with the organization that you contributed to.They should be able to provide you with verification of their charitable status. Call the IRS Tax Exempt/Government Entities Customer Account Services at 1-877-829-5500.They are available Monday through Friday from 8:30 a.m. to 4:30 p.m. EST. Review Charitable Contributions, Publication 526 for more information.

What Gifts and Donations to Charity can I Deduct?

The IRS allows certain deductions for charity donations made by you throughout the tax year. The IRS allows you to deduct contributions or gifts you gave to organizations that are religious, charitable, educational, scientific, or literary

How to enter your cash contributions

Cash contributions can be entered separately based on the Charity group and date donated or they can be grouped together as one entry. To enter your contributions separately, complete the information requested and select "Continue to next

Federal Section > Deductions > Itemized Deductions

and Expenses · Gifts to Charity · Unreimbursed Employee Business Expense · Job-Related Travel Expenses · Miscellaneous Deductions · Less Common Deductions, including: Business Use of Your Home, Casualties and Losses, and Investment Interest

Special Charitable Contributions for Certain IRA Owners

As an alternative method for donating to a charity, certain taxpayers may transfer funds from their IRA to an eligible charitable organization. Here are ten things taxpayers who are thinking about making such a donation will need to know

Charitable Contributions

Did you make a cash contribution to your favorite charity? Have you recently spent a weekend cleaning stuff out of your garage or basement that you then donated to a local charity? Charitable contributions can be tax deductible, but you

Itemized Deductions - An Overview

, they will automatically be pulled to your itemized deductions. Interest That You Paid Interest that you paid includes mortgage interest reported on Form 1098 and other deductible interest and points not reported on Form 1098. Gifts To Charity

Tips to Start Planning Next Year's Tax Return

donation to a charity. To see a complete list of items you can deduct, please refer to the Schedule A, Itemized Deduction instructions. Note :The TaxSlayer program will automatically provide the better of the two deductions for you based

Form 1065 Box 13 Information

to Charity >> Non-cash Donations (more than $500). Once this information has been completed, please fill out the information within "Limitation on Charitable Contributions Deduction". Code D. Noncash contributions (30%) Report this amount