Some donations to 501(c)(3) organizations are deductible on your federal tax return and potentially your state return, too. This means you can subtract the value of the donation from your income ...
Here are a sample of donation goals and the options for achieving them. An ardent supporter of gun rights wants to donate $5,000 to an organization that will advance the issue nationwide.
Deductible donations are subject to what the IRS calls quid pro quo adjustments. You must subtract the value of anything you receive in return for your gift. Let's say you contribute $500 to a ...