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Whether TDS is deductible on donation paid?
No as per income tax act, there is no provision which say for deduction of tax on donation paid.
Can you get a tax deduction for a donation to a college?
no, no you cant
What is the maximum tax deduction for a donation to charity?
The maximum tax deduction for donation given to a charitable organization is $25,000 but this number changes all the time.
Why donation is non-deductible expense?
A donation to an approved tax exempt organization...a 501c IS tax deductible. One to anything else and shouldn't be, because as far as I' concerned, everything I do is a donation to the one getting it.......my grocer, my auto dealer, everyone....and wanto to bet everything anyone has for me they consider a donation to me? Gee, everything is a donation and deductible.
Can I deduct if I don't have receipt for donation?
You can deduct if you do not have a receipt for a donation however keeping receipts is best for accountability. Receipt provide and document proof in the event of an audit on your tax return .
Where can I make a tax deductible car donation?
You can make a tax deductible car donation at donateacar.com
How much is car donation tax for a sedan?
Sedan car donation tax is 500 dollars.
Which tax form is required to file when I have a tax deductible car donation?
You will need to complete tax form 1098-c for a car donation tax.
What kind of tax credit can I get by utilizing a car donation program?
There is no such thing as a tax credit for a car donation http://www.givecars.com/car-donation-claims.html
Do you receive a tax receipt from Goodwill Car Donation?
Any time you make a donation to a credited organization you can receive a tax credit one the donation is over twenty dollars. You just need to ask for it when making you donation
Whether TDS is deductible on donation paid?
No as per income tax act, there is no provision which say for deduction of tax on donation paid.
I would like to make a tax deductible car donation without getting into tax trouble, how can I do this?
You can read about the specifics on irs.gov before making a tax deductible car donation.
Can you get a tax deduction for a donation to a college?
no, no you cant
What is the maximum tax deduction for a donation to charity?
The maximum tax deduction for donation given to a charitable organization is $25,000 but this number changes all the time.
What is the tax benefit of a car donation?
Not everyone can get a tax benefit and if you do the amount can vary.
How do I sign up for car donation tax deduction?
You don't need to sign up, you just as the company you donate to for a donation receipt at the time of donation.
Can you get a tax deduction for a donation to the Obama campaign?
You can't. Politcal contributions are not tax deductible.
