Question

If I want to claim a charitable donation amount on my taxes. Am I required to itemize charitable donations?

Answer

Yes. If you choose to deduct a charitable donation amount on your tax return, you are required to itemize charitable donations on Form 1040, Schedule A : Itemized Deductions. ”

A charitable donation may be considered a monetary donation or the donation of goods, services or merchandise.

When you make a cash or monetary donation to a charitable organization you will need to provide proof of you donation in the form of a bank statement or a letter from the organization with the organization’s name, the date of the donation and the amount of the donation. You are required to provide this information regardless of the amount of the donation.

If you are making a noncash charitable donation you will be required to complete Form 8283: Noncash Charitable Donations and attach it to your tax return if your noncash donation is greater than $500.

For more information about itemized deductions and noncash charitable donations please visit Topic 506: Charitable Contributions at https://www.irs.gov/tax topics/tc506.html

Related Topics

Related Resources

Filing for a Deceased Taxpayer

If you need help handling an estate, we're here to help. Learn how to file taxes for a deceased loved one with H&R Block.

How Does Changing Jobs Affect Your Tax Return?

Changing jobs can come with tax implications like job search and moving expense deductions. Learn more about these potential benefits at H&R Block.

First Time International Taxpayer | H&R Block

Get a better understanding of taxes for immigrants, expats and green card holders. This guide helps answer basic questions about special filing circumstances.

Is Volunteer Work Tax Deductible? | H&R Block

Spending your time volunteering is a great way to give back. Learn more about the tax benefits for volunteer work when filing your taxes at H&R Block.