A charitable gift can support an organization regardless of tax treatment. If a deduction is part of the plan, documentation and eligibility rules become important.
Verify the organization
IRS tools can confirm many organizations eligible to receive deductible contributions.
Keep the acknowledgment
The required record depends on the amount and type of property donated.
Do not let the deadline rush the choice
A tax benefit does not turn an unfamiliar appeal into a trustworthy charity.
Sources
- Internal Revenue Service, Charitable Contributions.
- Federal Trade Commission, Charity Scams.
