Publication 526

A form published by the IRS explaining the rules and limits governing the tax deductions one may claim for contributions to charities.

References in periodicals archive ?

However, IRS Publication 526, Charitable Contributions, states that the use of such formulas is not acceptable.

Valuing and substantiating charitable contributions

There are multitudes of IRS publications that pertain to charitable giving but Publication 526 discusses "at a 30,000-foot level, what is and is not tax deductible," Taylor said.

Jail time: for fraudulent donor receipts

More information about tax-deductible charitable donations is available in IRS Publication 526, Charitable Contributions.

Funds for Haiti can be deducted this year

She recommends they familiarize themselves with "IRS Publication 526, Charitable Contributions;" "Publication 561, Determining the Value of Donated Property" and "Publication 4303, A Donor's Guide to Car Donations." All these publications are available at www.irs.gov.

A feel-good way to cut your taxes: some pointers in avoiding penalties when giving to charities

For more information on this see IRS Publication 526, "Charitable Contributions," also available at www.irs.gov.

Legal Nuggets

Charitable contributions are reported on Form 1040, Schedule A [IRC section 170(a)(1); also IRS Publication 526, Charitable Contributions].

Donors may refer to IRS Publication 526, Charitable Deductions, and IRS Publication 561, Determining the Value of Donated Property, to help them determine the fair market value of the donation.

New tax law changes the rules for donations of automobiles

For guidance on what is deductible and what isn't, start with IRS Publication 526, Charitable Contributions (you can download it at www.irs.gov/pub/irs-pdf/p526.pdf).

A lifetime of giving: Matel Dawson Jr. saved so that others could benefit. (Black Wealth Initiative)

NAVSUP Publication 526, Foreign Military Sales Customer Supply System Guide.

Foreign military sales case reconciliation reviews. (Feature Articles)

An organization is not required to provide a statement if it is of a governmental nature (refer to IRS Publication 526) or an organization formed only for religious benefit and the donor receives only intangible benefits, not sold in commercial transactions outside the donative context.

Pittsburgh Chapter's annual liaison meeting with the IRS Pittsburgh District; January 26, 1995

Documentation: The IRS requires receipts; check Publication 526 for specific details.