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2. Charity Donation Tax Deductions: What You Can and Can’t Claim

   www.aol.com/finance/charity-donation-tax...

   For example, the IRS allows taxpayers to donate up to $100,000 directly from IRA accounts to qualifying charities without the account holder incurring any tax liability. Recent Changes in Tax Laws ...

3. How Charitable Donations Really Affect Your Tax Return ... - AOL

   www.aol.com/charitable-donations-really-affect...

   Charitable donations can help a worthy cause, but your donations may also help your tax bill. Watch Out: The 7 Worst Things You Can Do If You Owe the IRSMore: Owe Money to the IRS? Most People Don ...

4. Charitable contribution deductions in the United States

   en.wikipedia.org/wiki/Charitable_contribution...

   An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows:

5. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   This facilitated amendments to 2011 tax returns to claim a casualty tax deduction. [4] Gambling losses, but only to the extent of gambling income (For example, a person who wins $1,000 in various gambling activities during the tax year and loses $800 in other gambling activities can deduct the $800 in losses, resulting in net gambling income of ...

6. Non-profit organization laws in the U.S. - Wikipedia

   en.wikipedia.org/wiki/Non-profit_organization...

   If the organization purpose is one of those described in §501(c)(3) of the Internal Revenue Code, [3] it may apply for a ruling that donations to it are tax deductible to the persons or business entities who make them. The organization itself will be exempt from taxation as long as it does not engage in unrelated business activities.

7. How to Maximize Your Philanthropy With Tax Benefits - AOL

   www.aol.com/maximize-philanthropy-tax-benefits...

   This is a process by which your donations count toward your retirement portfolio’s required minimum distribution, allowing a tax-free RMD. And this can save wealthier households significantly on ...

8. 4 Required Minimum Distribution (RMD) Mistakes You ... - AOL

   www.aol.com/4-required-minimum-distribution-rmd...

   To count as a QCD, the donation must be to a qualifying tax-exempt charity. You'll also need to keep receipts proving your donation. You'll also need to keep receipts proving your donation. The ...

9. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return." [1]