Re: Rethinking Charitable Giving
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Originally Posted by poundwise
Good post and nice list!
I would add this point in conjunction with number seven on the list: "For record keeping, a canceled check or credit card statement generally is sufficient for IRS purposes when you donate less than $250. For larger donations, you will want to get properly worded receipt from the charity confirming your donation."
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I think that law is actually changing next year and you will need a receipt for any cash donation. I would double check that if you are donating after January 1.
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Steve
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