What is the Schedule A deduction for charitable contributions? On May 14 of the current year, Paul contributed clothing to the Salvation Army. The original cost of the clothing was $740. He has substantiation valuing the donation at $360. In addition, he made the following cash contributions and received a statement from each of the following organizations acknowledging his contribution: Larkin College $800 United Way 152 First Methodist Church 790 Amos House (homeless shelter) 200 Local Chamber of Commerce 100 All of the above entities are nonprofit corporations and §501( c)(3) organizations except the Chamber of Commerce which is not a §501( c)(3) organization. Clothing to the Salvation Army
What is the Schedule A deduction for charitable contributions?
On May 14 of the current year, Paul contributed clothing to the Salvation Army. The original cost of the clothing was $740. He has substantiation valuing the donation at $360. In addition, he made the following cash contributions and received a statement from each of the following organizations acknowledging his contribution:
Larkin College $800
United Way 152
First Methodist Church 790
Amos House (homeless shelter) 200
Local Chamber of Commerce 100
All of the above entities are nonprofit corporations and §501( c)(3) organizations except the Chamber of Commerce which is not a §501( c)(3) organization.
Clothing to the Salvation Army |
Larkin College |
United Way |
First Methodist Church |
Amos House (homeless shelter) |
Local Chamber of Commerce |
Clothing to the Salvation Army |
Larkin College |
United Way |
First Methodist Church |
Amos House (homeless shelter) |
Local Chamber of Commerce |
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