Taxpayers who donate to charity should check out the IRS’ resources to become aware of the tax regulations. Below are the top 6 IRS resources for taxpayers making donations:
- Tax Exempt Organization Search
- Publication 526, Charitable Contributions
- Publication 561, Determining the Value of Donated Property
- Form 8283, Noncash Charitable Contributions
- Schedule A, Itemized Dedications
- Frequently asked questions: Qualified charitable distributions
This tool can be used by taxpayers to find out if the organization they have contributed to qualifies as a charitable organization for income tax deductions. » Learn more
This publication explains how taxpayers can claim a deduction for charitable contributions and discusses the types of organizations qualified to receive contributions, how much you can deduct, what records you must keep, and how to report charitable contributions. » Learn more
This publication helps donors and appraisers determine the fair market value of property donated to qualified organizations. » Learn more
Noncash charitable contributions when the amount of the deduction for all noncash gifts is more than $500 needs to be reported on Form 8283. » Learn more
Schedule A is used by taxpayers to figure out itemized deductions. » Learn more
Find out the answer to these frequently asked questions on qualified charitable distributions such as: What is a qualified charitable distribution and How do I report a qualified charitable distribution on my income tax return? » Learn more
Donated to a charity this year? Make sure to claim a deduction on your tax return if you donated to a qualified organization. Please feel free to contact our experts for questions.
Help us celebrate our 80th anniversary by donating to the Downtown Women’s Center, a local organization focused exclusively on serving and empowering women who are experiencing homelessness or formerly experienced homelessness.