Charity Tax Deductions: IRS Rules for Donation Benefits
By IRS Charitable Organizations Office | 7 min read
Maximize charity tax deductions with IRS guidance. Donation limits, documentation, and timing strategies.
Charitable donations provide tax benefits when following IRS rules. Deductible donations: Cash gifts to qualified 501(c)(3) organizations, Fair market value of donated goods, Volunteer mileage (14 cents per mile), Out-of-pocket volunteer expenses. Documentation requirements: Receipts for all donations, Written acknowledgments for gifts over $250, Appraisals for property over $5,000. Deduction limits: Generally 50% of AGI for cash donations, 30% for capital gain property. Bunching donations in alternating years may increase tax benefits.\n\n**Related Resources**\n- [Financial Planning Tools](/tools)\n- [Budget Calculator](/budget-planner)\n- [Credit Guide](/category/Debt%20%26%20Credit)\n- [Money Saving Tips](/category/Save%20Money)