What is the largest amount of money you can donate per year without having a receipt?Like 2church or homesless
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just did my taxes and need to find a way to bring how much I owe the federal government down. I know I have gone to the church and given in the plate. But I am not sure how much I can claim without having a receipt. As well as I was wondering if you can claim a portion of your computer if you use it for continuing education and to do reports and presentations for your job?
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Answer:
According to the IRS you need documentation for all charitable contributions, even those under $250. You should have one of the following documents for each contribution: a. cancelled check(s); b. receipt or letter from the charitable organization; c. credit card receipt; d. other reliable written record. See pages 16 & 17 of IRS Publication 526. You can claim a deduction for a contribution of $250 or more only if you have an acknowledgement of your contribution from the charitable organization or payroll deduction records.
tax help! at Yahoo! Answers Visit the source
Other answers
You should really speak to a tax consultant about that. It's only going to give you back about 10% if you're lucky.
Lisa
YOu need a receipt for donations of $250 or more. You should keep written records for all donations.
jeff410
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