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Does a charitable organization qualify for tax deductions?

To see if the organization you have contributed to qualifies as a charitable organization for income tax deductions, use Tax Exempt Organization Search. The Internal Revenue Service has a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying charities this year, even if they don’t itemize.

Do 501(c) (4) organizations qualify for charitable deductions?

For instance, social welfare and civic organizations registered under section 501 (c) (4) don’t qualify. However, two types of 501 (c) (4) organizations—veterans' organizations with 90% war vet membership and volunteer fire departments—do qualify for charitable deductions.

How much can a charitable donation be deductible?

Generally, itemizers can deduct 20% to 60% of their adjusted gross income for charitable donations. The exact percentage depends on the type of qualified contribution as well as the charity or organization. Contributions that exceed the limit may be deductible in future years.

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