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  2. Can I Make a Tax-Free Charitable Gift From My IRA? - AOL

    www.aol.com/tax-free-charitable-gift-ira...

    Each year, you can make a tax-free charitable gift from your IRA or certain other pre-tax retirement account. This is known as a qualified charitable distribution or a QCD.

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

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

    Itemize your deductions using Form 1040 Schedule A. If your donations are more complex — such as if you are donating a vehicle, appreciated assets or if you foster children or foreign exchange ...

  4. What is a qualified charitable distribution? Get a tax ... - AOL

    www.aol.com/finance/qualified-charitable...

    The charity must be a 501(c)(3) organization, so you’ll want to clarify everything before you make your donation. The IRA provider will send a tax statement of the distribution on Form 1099-R ...

  5. Form 1099-R - Wikipedia

    en.wikipedia.org/wiki/Form_1099-R

    Form 1099-R, 2015. In the United States, Form 1099-R is a variant of Form 1099 used for reporting on distributions from pensions, annuities, retirement or profit sharing plans, IRAs, charitable gift annuities and Insurance Contracts. Form 1099-R is filed for each person who has received a distribution of $10 or more from any of the above. [1]

  6. 6 tax-efficient giving strategies before 2022 ends - AOL

    www.aol.com/finance/6-tax-efficient-giving...

    In this scenario, your total charitable donations would need to be more than the 2022 thresholds for standard deductions, which are $25,900 for couples filing jointly, $12,950 for single filers or ...

  7. Charitable contribution deductions in the United States

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

    If a donor is contributing property that would have yielded a long-term capital gain in a sale, then the deduction for the contribution is limited to 30% of donor's adjusted gross income in the year of donation if the donee is a public charity, and limited to 20% if the donee is a private foundation. Contributions over the respective AGI ...

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