donation receipts

Are Charitable Donations Deductible 2019?

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Are Charitable Donations Deductible 2019? Are charitable donations deductible 2019? You may deduct charitable contributions of money or property made to qualified organizations if you itemize your deductions. Generally, you may deduct up to 50 percent of your adjusted gross income, but 20 percent and 30 percent limitations apply in some cases. Can you deduct

Are Auction Purchases Tax Deductible?

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Are Auction Purchases Tax Deductible? Are auction purchases tax deductible? Donors who purchase items at a charity auction may claim a charitable contribution deduction for the excess of the purchase price paid for an item over its fair market value. The donor must be able to show, however, that he or she knew that the