Sentences with phrase «contribution on your federal income tax return»

Now that you've done your due diligence, it's time to claim your charitable contribution on your federal income tax return.

Not exact matches

Depending on where you live, you could potentially deduct contributions from your state income tax forms (note: you can not deduct contributions on federal tax returns).

Please note: the taxpayer can not take the contribution as a charitable deduction on their Federal Income Tax return — the amount is not included in the donor's gross iIncome Tax return — the amount is not included in the donor's gross incomeincome.

Your contributions may be deductible on your federal income tax return, so a Traditional IRA can help you save on taxes each year.

Please note — the taxpayer can not take the contribution as a charitable deduction on their Federal Income Tax return.

Your contributions to a traditional IRA may be tax deductible on your federal income tax return.

Enter the amount of total contributions to the Virginia Public School Construction Grants Program and Fund, provided that you have not claimed a deduction for this amount on your federal income tax return.

No deduction is allowed if such contributions are deducted on the contributor's federal income tax return.

In other words, can the value of your time and services while providing pro bono legal services qualify as a charitable contribution that is deductible from gross income on your federal tax return?

Depending on where you live, you could potentially deduct contributions from your state income tax forms (note: you can not deduct contributions on federal tax returns).