If you plan on deducting charitable
contributions on your 2017 tax return, you'll need to have certain records.
Gifts by check or credit/debit card must have written documentation showing the
contribution amount and date, as well as the name of the organization you gave
to. If the contribution is more than $250, you'll also need a written
acknowledgement from the charity created at the time you made the donation.
If you receive something in
return for donating, you can deduct only the
difference between the contribution amount and the value of the benefit you
received in return. Give us a call at (518) 798-3330 if you have questions about deducting your
charitable contributions.
