The National Directory of Certified Public Accountants

Ask A CPA - Charitable Deductions

How Much Am I Allowed To Claim As A Charitible Cash Deduction?

The answer is, how much did you contribute and how much can you substantiate. For contributions of $250 or less, a cancelled check or credit card statement is sufficient. A written acknowledgement from the charity documenting the contribution's amount and date is also acceptable For contributions of $250 or more, you must have written substantiation from the organization. A cancelled check is not sufficient.

If you need professional help with "Charitable Deductions" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.