Can you donate your RMD to a charity?

Answer You are allowed to donate your required minimum distribution (RMD) to charity to claim a tax deduction for charitable giving. However, the ability to give directly to the charity without paying inc... Read More »

Top Q&A For: Can you donate your RMD to a charity

How to Donate Your Car to Charity?

Investigate the charity or car donation center you are thinking about donating your car to. All charities and all car donation centers are not alike. As with everything is life, there are some good... Read More »

If you donate your house to charity is it a tax deduction?

You can claim a donation of your house to a charity as a tax deduction as long as it is given to a qualifying charity. However, you are only allowed to claim up to 50 percent of your adjusted gross... Read More »

How can I donate my car to charity?

If donating a car to charity for a tax deduction, it is important to do research the charity, check the value of the vehicle and find out the donor's responsibilities. Non-cash donations are more o... Read More »

How to Donate Clothing to Charity?

Americans each discard an average of 68 pounds of clothes every year.[1] By donating your clothing to charity, you can put some of that to good use.If you've got clothing and related items to donat... Read More »