DOCUMENTATION NEEDED TO CLAIM A TAX DEDUCATION FOR A CHARITABLE DONATION

In order to be entitled to a tax deduction for a donation of $250 or more to any qualified organization, a written acknowledgement must be received from the donee organization prior to the filing of the tax return. Certain information must appear on the acknowledgement including a statement that no goods or services were received in exchange for the donation (other than services that only have an intangible religious benefit).  A receipt obtained at the time of the donation may not contain the necessary information.  Many charitable organizations only include the required information with an annual statement or letter.  So, be sure you receive the required donee acknowledgement prior to filing your tax return.