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Taxes - question about donations

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Trueleader
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Username: Trueleader

Post Number: 2110
Registered: 09-2009
Posted From: 97.124.159.244

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Posted on Wednesday, April 14, 2010 - 10:41 pm:       


Guttonkay:

true bro,

thank you. anni AID, sankar eye foundation type donations. so, they are valid.

That reminds me of another question - I gave a huge donation in India. But their website only says this "donations are exempt under IT Act 80G". Guess this means I can't deduct in US taxes right?





Make sure your Charity organization in USA have received their 501(c)(3) tax-exempt status.

Last year i donated to a local church here .....at that time my CPA told churches are exceptional they dont need to have 501(c)(3)

But i think you cannot claim money you donated to charities in India from USA...

If you have a company in USA and India......you can do it
 

Guttonkay
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Username: Guttonkay

Post Number: 3808
Registered: 05-2008
Posted From: 70.174.180.27

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Posted on Wednesday, April 14, 2010 - 10:35 pm:       

true bro,

thank you. anni AID, sankar eye foundation type donations. so, they are valid.

That reminds me of another question - I gave a huge donation in India. But their website only says this "donations are exempt under IT Act 80G". Guess this means I can't deduct in US taxes right?
 

Trueleader
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Post Number: 2109
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Posted on Wednesday, April 14, 2010 - 10:30 pm:       


Guttonkay:




Claim your tax deduction on 1040 Schedule A.

Make sure you are contributing to a qualified tax-exempt oraganization

You need to itemize your deductions......
 

Guttonkay
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Username: Guttonkay

Post Number: 3805
Registered: 05-2008
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Posted on Wednesday, April 14, 2010 - 10:28 pm:       

nenu kooda single line vesedanni. last year floods adi idi ani aid ki i gave too many times. ippudemo amount too much vundi, andukani not sure. single line vestanu. evaru question chestaro choostam.
 

Rebel
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Username: Rebel

Post Number: 7451
Registered: 02-2008
Posted From: 75.73.190.3

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Posted on Wednesday, April 14, 2010 - 10:25 pm:       

general ga separate ga cheyali..kani na lanti baddakists anni kalipi oke amount vestaru
 

Hail_the_labour
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Username: Hail_the_labour

Post Number: 1806
Registered: 06-2008
Posted From: 75.185.82.44

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Posted on Wednesday, April 14, 2010 - 10:22 pm:       

pls check IRS manual.
 

Guttonkay
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Username: Guttonkay

Post Number: 3800
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Posted on Wednesday, April 14, 2010 - 10:21 pm:       

evariki teliyada?
 

Guttonkay
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Username: Guttonkay

Post Number: 3797
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Posted on Wednesday, April 14, 2010 - 10:17 pm:       

If I gave a series of donations, can I list them all as one amount or do I have to list each check amount separately?

teliste konchem cheppandi. TIA

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