FIND THE ANSWERS

Can donating to charities that gives you a tax deductible receipt help you with a bigger tax return?

Answer this question

  • Can donating to charities that gives you a tax deductible receipt help you with a bigger tax return?


Answers

Answer #1 | 08/02 2014 11:29
most people don't donate enough to make a difference on their taxes, donate to charity because it is the right thing to do
Positive: 66 %
Answer #2 | 08/02 2014 11:40
No. It would only really work if you OWE taxes. Not necessarily for those already expecting a refund due to withheld taxes, child tax credits, and earned income credits.
Positive: 60 %

Possible answer

... impose a cap on itemized deductions in the personal income tax return ... a bigger incentive to contribute to charities. ... Can you clarify, are ...
Read more
Positive: 66 %
Charitable Donation Tax Credit ... The donation tax credit gives a return ... The other clarification would be in regards to donating shares. You can ...
Read more
Positive: 61 %
... choosing charities and keep you receipt for your ... a tax-deductible write off slip in return. ... can help you pinpoint the charities that ...
Read more
Positive: 47 %
Most of the time, contributions to an individual do not qualify as charitable donations, and the IRS does not allow a tax deduction for them.
Read more
Positive: 24 %

Show more results