Planning your taxes and looking for ways to reduce your tax liability? Donating to charitable organizations is a fantastic way to give back and potentially increase your refund. By making a tax deductible contribution, you can claim a offset on your tax return, putting more money back in your wallet. Consider the different types of charitable organ

If you made a contribution as an automated deduction from a paycheck by way of your employer, keep copies of one's W-2 or fork out stubs demonstrating the amount and day of your donation. You can carry forward charitable deductions that exceed the yearly Restrict right up until totally claimed, but for not more than five years.There's an exception