Is there a minimum charitable contribution deduction amount I need to be aware of — What’s the minimum dollar amount I need to donate in order to be able to claim charitable donations?
There’s no charity tax deduction minimum donation amount required to claim a charitable deduction. However, you can only claim certain itemized deductions if they’re more than 2% of your adjusted gross income (AGI). This includes charitable deductions.
Form 8332 is the form custodial parents can use to release their right to claim a child as a dependent to the noncustodial parent. The form can be used for current or future tax years. Additionally, custodial parents can use tax Form 8332 to revoke the release of this same right.
Will you get a refund for an energy tax credit? Learn more about refundable tax credits from the tax experts at H&R Block.
Learn what to do if you don't know your dependent's SSN and are receiving an e-file error with help from the tax experts at H&R Block.
Is tithing at your church or place of worship tax deductible? Learn more from the tax experts at H&R Block.