If you
give money or goods to a charity you may be able to claim a deduction on
your federal tax return, which basically reduces the amount of their
taxable income. Here are some important facts about charitable
donations: Qualified charities. To receive a deduction, you must donate to a qualified charity. To check the status of a charity, use the IRS Tax Exempt Organization Search tool. Here are examples of things that you can’t deduct:
Itemize deductions. To deduct donations, you must file Form 1040 and itemize deductions using Schedule A. Proof of Donation. If you donated cash or goods of $250 or more, you must have a written statement from the charity. The statement must show:
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