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

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

   The Tax Cuts and Jobs Act of 2017 trimmed tax rates and significantly boosted the standard deduction, thus greatly reducing the number of taxpayers eligible to benefit from charitable deductions.

3. Charitable contribution deductions in the United States

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

   The particular tax consequences of a donor's charitable contribution depends on the type of contribution that he makes. A taxpayer may contribute services, cash, or property to a charity. There are a number of traps, especially that donations of short-term capital gains are generally not tax deductible.

4. A Guide to Tax Deductions for Charitable Donations - AOL

   www.aol.com/news/guide-tax-deductions-charitable...

   According to the latest Giving USA Annual Report of Philanthropy, charitable giving by American individuals in 2018 totaled about $292 billion. -- Consider donations for conservation purposes ...

5. Charitable giving is up: Here's what to know about donating ...

   www.aol.com/finance/charitable-giving-heres-know...

   To write off donations, your total tax deductions need to exceed the standard deduction to be worthwhile. For 2024, the standard deduction is $14,600 for single filers and $29,200 for married ...

6. Foundation (United States law) - Wikipedia

   en.wikipedia.org/wiki/Foundation_(United_States_law)

   The distinction between charitable organizations and non-profit organizations elaborates on this point. The Internal Revenue Code defines many kinds of non-profit organizations that do not pay income tax. However, only charitable organizations can receive tax-deductible contributions and avoid paying property and sales tax.

7. Donation - Wikipedia

   en.wikipedia.org/wiki/Donation

   There have been discussions on whether also a donation of time should be tax deductible. [9] The person or institution giving a gift is called the donor, and the person or institution getting the gift is called the donee. [8] A free box in Berlin, Germany, serving as a distribution center for free donated materials

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

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

   According to J.P. Geisbauer, a Certified Public Accountant (CPA) at CenterPoint Planning, “With [the] standard deductions as high as they are… and the $10K state and local tax deduction ...

9. Find Out If You Can Really Write Off That Holiday Donation

   www.aol.com/really-write-off-holiday-donation...

   “It’s worth noting that donations to political action committees and groups designated as 501(c)(4) nonprofit organizations are not tax-deductible,” said Kay Bell, author and tax journalist ...