Are donations tax deductible?

(You can use the Tax Exempt Organization Search tool on the IRS website to check the tax status of an organization.) Donations can be cash, but also things like clothing, electronics, furniture, art, stocks, cars and real estate. Charitable contributions are generally tax deductible, though there can be limitations and exceptions.

What is a charitable contribution deduction?

The charitable contributions deduction allows taxpayers to deduct donations of cash and property given to qualified charitable organizations. When filing, individuals or businesses must itemize deductions on Schedule A of IRS Form 1040. Limits apply to charitable contribution deductions based on IRS limits.

Are charitable contributions to qualified organizations tax deductible?

Charitable contributions to qualified organizations may be deductible if you itemize deductions on Schedule A (Form 1040), Itemized Deductions PDF. To see if the organization you have contributed to qualifies as a charitable organization for income tax deductions, use Tax Exempt Organization Search.