THE 2-MINUTE RULE FOR TAX SAVINGS ON CHARITABLE DONATIONS

Your deduction equals the worth in the contributed property lessened via the current price of the annuity. This charitable deduction is topic to AGI limitations ceilings, but excess deductions are allowed a 5-yr carryover. For donations really worth a lot less than $250, you need to have a written receipt within the Firm as well as get ready an in