What tax benefit's does a donor receive for giving to a 501c3 Corporation?

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2006-11-05 08:23:57 · 2 answers · asked by Andy M 1 in Business & Finance ➔ Taxes ➔ Other - Taxes

If you itemize, the donations are an itemized deduction so can be subtracted from your other income, within limits.

2006-11-05 09:57:29 · answer #1 · answered by Judy 7 · 0⤊ 0⤋

Donations can be deducted from your income on your tax return.

2006-11-05 16:26:07 · answer #2 · answered by tornado 2 · 0⤊ 0⤋