Limits on Tax Deductible Donations

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Charitable Contributions: How Much Can You Write Off? More
Published: 9 years, 3 month(s) ago by Bashar Habib | permalink
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When tax time rolls around, it's always nice to see your charitable contributions pay off as a charitable deduction. The question is: while contributing may be good for the soul, how good is it really on your tax return?
Tags: Charitable Contributions: How much can you write off?,legalzoom,Personal Taxes,,Taxes,charity, charitable, contributions, tax, tax-deductible, donation, deduction, Charitable Contributions: How much can you write off, LegalZoom

For further reading: https://www.legalzoom.com/articles/charitable-contributions-how-much-can-you-write-off ^[1]

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How to Make Sure Your Charity Donation Is Tax-Deductible More
Published: 9 years, 3 month(s) ago by Philip Spletzer | permalink
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Donations of cash and property to qualified non-profits are tax deductible. To be deductible, taxpayers must keep records of their contributions, especially of any gifts over $250. For non-cash contributions, taxpayers must keep records indicating the value and condition of the property given to charity.

For further reading: http://taxes.about.com/od/deductionscredits/a/CharityDonation.htm ^[2]