Charitable Giving Tax Guide
Below is a charitable giving tax guide for
reporting any gifts to charity you make during the tax
year.
What is a charitable contribution?
A charitable contribution is a donation or
gift to, or for the use of, a qualified organization. A
charitable contribution is voluntary and is made without
getting, or expecting to get, anything of equal value in
return.
How to report cash charitable
contributions?
Your charitable contribution can be in the
form of cash or noncash. Cash charitable contributions are
entered on line 16 of Schedule A of the tax
form 1040 and cannot, in general, exceed 50% of your adjusted
gross income or AGI. Excess amounts are carried over to future
years, for up to five years.

How to report noncash charitable
contributions?
Noncash charitable contributions are
reported on line 17 of Schedule A
of the tax form 1040. Form 8283,
Noncash Charitable Contributions, must also be filed if your
total tax deduction for all noncash charitable contributions
for the year is over $500.
Carryovers from prior years are entered on line 18 of Schedule
A.

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