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Tax Insight pp 311-316 | Cite as

Charitable Contributions

It Pays to Be Kind
  • M. Casey Murdock
Chapter

Abstract

Congress wants to encourage charitable giving because it benefits the country in so many ways. To that end, the tax code allows contributions to qualified charities to be deducted from your tax return as an itemized deduction. In fact, the tax code is so encouraging of charitable giving that it provides a rare “double-dip” opportunity in which you can get two tax reductions for the price of one.

Keywords

Charitable Contribution Charitable Organization Qualified Charity Deductible Amount Adjustable Gross Income 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© M. Casey Murdock 2013

Authors and Affiliations

  • M. Casey Murdock
    • 1
  1. 1.CAUS

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