When it comes to charitable deductions, all donations aren’t created equal

As you file your 2016 return and plan your 2017 charitable giving, keep in mind the available deduction, which will vary based on not only the amount you give, but also factors such as what you give (for example, cash, long-term appreciated stock or tangible personal property), whether your total donations for the year exceed certain income-based limits, whether you receive a benefit from the charity, and even how the charity uses the gift. Other rules and limits also apply. If you have questions about how much you can deduct on your 2016 return, let us know.

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