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  2. 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:

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

    www.aol.com/charity-donation-tax-deductions-t...

    “An organization has to have received the 501(c)(3) designation from the IRS for it to qualify as a ‘charitable organization’ in terms of deduction donations for tax purposes,” said ...

  4. 3 Charitable Holiday Giving Strategies for Maximum Tax ...

    www.aol.com/3-charitable-holiday-giving...

    For 2024, individual retirement arrangement (IRA) owners aged 70 ½ and older can make up to $105,000 in tax-free charitable donations through qualified charitable distributions — up from ...

  5. 501(c)(3) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)(3)_organization

    Donations made to 501(c)(3) organizations are typically tax-deductible for the donors, meaning individuals and businesses can claim those donations as deductions on their tax returns, subject to certain limitations. This tax benefit encourages charitable giving. In contrast, donations made to 501(c)(4) organizations are not generally tax ...

  6. 6 Strategies Retirees Can Use When Donating to Charity This ...

    www.aol.com/finance/6-strategies-retirees...

    Note that annual QCD contributions are capped at $105,000 in 2024, so plan accordingly. Get the Family Involved The holiday season also offers a great opportunity to bring your family together ...

  7. 501 (c) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)_organization

    "IRS list of charities eligible to receive deductible contributions search or download". Internal Revenue Service. Internal Revenue Service. Archived from the original on May 15, 2016.

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