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J.K. Lasser's 1001 Deductions and Tax Breaks 2018 by Barbara Weltman

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CHAPTER 6 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 $390.1 billion to charities in 2016 (according to estimates by the Giving USA group) and nearly 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 ...

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