Monday, August 22, 2011

Nondeductible Contributions

You can't take a tax deduction for the following contributions: politicians or political groups, individuals, most foreign charities, a group lobbying for law changes, raffle tickets, and even giving blood to a blood bank. If you donate your time to a charity, that isn't deductible either. You usually can deduct your out of pocket expenses working for a charity though.

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