We allocate 5% of our budget for giving, most of which qualifies for Gifts to Charity in our tax return.
These go on lines 16 and 17 in 2014's Schedule A.
You can look up the "Fair Market Value", for example, at the Goodwill and Salvation Army sites.
If you donate a vehicle over $500, you also need a Form 1098-C.
Gas used to drive for volunteer work can also be deducted at 14 cents per mile.
To check if the organization you donated to is eligible (Publication 78 data), you can use the "Exempt Organizations Select Check Tool".
- 23-7451153: PTA California Congress of Parents, Teachers, and Students, Inc.
- 33-0224464: Travis Racnch PTA
- 33-0761254: Pretend City the Childrens Museum of Orange County
- 33-0828380: Discovery Science Center of Orange County
- 53-0196517: Goodwill Industries International Inc.
- 53-0196605: American National Red Cross
- 73-6108657: Feed the Children Inc.
- 95-1642394: KUSC (University of Southern California)
- 95-2578684: Asahi Gakuen
- 95-3635496: Pacific Symphony
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