Charitable contributions are deducted as part of a taxpayer’s itemized deductions on IRS Schedule A, except for the special 2020 and 2021 provisions that allow up to $300 ($600 for married taxpayers filing jointly for 2021) of cash donations as…
Donations made to qualified organizations may help reduce the amount of tax you pay. The following are eight essential tips to help ensure your contributions pay off on your tax return. 1. If your goal is a legitimate tax deduction,…