CHAPTER 6 Charitable Giving

  1. Cash Donations
  2. Appreciated Property Donations
  3. Used Clothing and Car Donations
  4. Intellectual Property Donations
  5. Real Estate Donated for Conservation Purposes
  6. Bargain Sales
  7. Volunteer Expenses
  8. Tickets to Fund-Raisers, Raffles, and Sporting Events
  9. Membership Fees to Nonprofit Organizations
  10. Student Exchange Program
  11. Donor-Advised Funds
  12. Appraisal Fees and Other Costs
  13. IRA Transfers to Charity
  14. Record Keeper for Your Charitable Giving


Americans are very generous people. Aside from the good feeling you get from following your philanthropic nature, the tax laws reward you for making donations. Americans donated $335.21 billion to charities in 2013 (according to estimates by the Giving USA group) and more than 25% did volunteer work for charities.

This chapter covers the basic rules for claiming charitable contribution deductions, including the limits on different types of contributions and the substantiation required to support the deductions. This chapter also contains a record keeper that you can use to track your cash contributions throughout the year.

For more information, see IRS Publication 526, Charitable Contributions; IRS Publication 561, Determining the Value of Donated Property; ...

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