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 Much Are You Allowed to Deduct for Charity on Taxes?

Answer U.S. taxpayers are not allowed to claim more than 50 percent of their adjusted gross income under charitable deductions for the tax year being filed. The IRS classifies deduction limits based on th... Read More »
http://www.answerbag.com/q_view/1793129

Top Q&A For: Much Are You Allowed to Deduct for Charity on T...

How Much Would I Get Back on My Taxes If I Donated Money to Charity?

Charitable donations to qualified organizations can provide a tax deduction when filling out your federal tax return every year. These deductions are reported by filling out the IRS form 1040 and ... Read More »
http://www.ehow.com/facts_7344210_much-taxes-donated-money-charity_.html

How Much Would I Get Back on My Taxes if I Donated Money to Charity?

The amount that you get back from a charitable donation depends on your tax bracket. For example, if you fall in the 28 percent tax bracket and you make a $100 donation, your taxes would decrease b... Read More »
http://www.answerbag.com/q_view/1864442

How much can i deduct from my taxes if i donate my junk vehicle?

According to the IRS, if your car is valued over $500 the amount you can deduct from your taxes for donating it depends on how much the charity receives from selling your car. You can claim the gro... Read More »
http://www.answerbag.com/q_view/1972848

How much can you deduct from your taxes for clothing donations?

Making clothing donations is a smart way to trim your tax bill, as you can deduct your clothing donations from your taxes. You must be truthful and honest when calculating how much you will deduct... Read More »
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