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2. Charity Donation Tax Deductions: What You Can and Can’t Claim

   www.aol.com/finance/charity-donation-tax...

   The Tax Cuts and Jobs Act of 2017 trimmed tax rates and significantly boosted the standard deduction, thus greatly reducing the number of taxpayers eligible to benefit from charitable deductions.

3. Charitable contribution deductions in the United States

   en.wikipedia.org/wiki/Charitable_contribution...

   If a donor is contributing property that would have yielded a long-term capital gain in a sale, then the deduction for the contribution is limited to 30% of donor's adjusted gross income in the year of donation if the donee is a public charity, and limited to 20% if the donee is a private foundation. Contributions over the respective AGI ...

4. A Guide to Tax Deductions for Charitable Donations - AOL

   www.aol.com/news/guide-tax-deductions-charitable...

   According to the latest Giving USA Annual Report of Philanthropy, charitable giving by American individuals in 2018 totaled about $292 billion. -- Consider donations for conservation purposes.

5. How to Maximize Your Philanthropy With Tax Benefits - AOL

   www.aol.com/maximize-philanthropy-tax-benefits...

   Philanthropic giving refers to the allocation of funds or assets towards charitable causes or organizations that align with personal financial goals and values. This is typically structured as ...

6. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   This facilitated amendments to 2011 tax returns to claim a casualty tax deduction. [ 4 ] Gambling losses, but only to the extent of gambling income (For example, a person who wins $1,000 in various gambling activities during the tax year and loses $800 in other gambling activities can deduct the $800 in losses, resulting in net gambling income ...

7. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Nearly all of the states and some localities impose a tax on corporation income. The rules for determining this tax vary widely from state to state. Many of the states compute taxable income with reference to federal taxable income, with specific modifications. The states do not allow a tax deduction for income taxes, whether federal or state.