Giving back to your community can also give you a financial boost. By making charitable contributions, you could be eligible for a tax deduction that could substantially reduce your overall tax liability. To maximize your tax refund through charitable giving, consider these tips: * Donate to registered charities to ensure your contribution is tax-
New Step by Step Map For tax benefits for donations
in accordance with the IRS, charitable money contributions are typically limited to sixty% of a taxpayer's altered gross income. present information topic to alter Anytime without notice. Intuit, in its sole discretion and at any time, might figure out that specific tax matters, sorts and/or predicaments are not incorporated as A part of TurboTax