Nine Tips for Charitable Taxpayers
RS Summertime Tax Tip 2011-21, August 22, 2011 If you make a donation to a charity this year, you may be able to take a deduction for it on your 2011 tax return. Here are the top nine things the IRS wants every taxpayer to know before deducting charitable donations. Make sure the organization qualifies Charitable contributions must be made to qualified organizations to be deductible. You can ask any organization whether it is a qualified organization or check IRS Publication 78, Cumulative List of Organizations. It is available at www.IRS.gov. You must itemize Charitable contributions are deductible only if [...]