Sentences with phrase «count as a charitable contribution»

For example, ingredients for casseroles you prepare for a nonprofit organization's soup kitchen and stamps you buy for your school's fundraising mailing count as a charitable contribution.

However, the exclusion is limited to amounts paid for tuition (not room and board or other expenses) and the payment does not count as a charitable contribution.

Not exact matches

Donating clothing, books, toys, furniture and kitchen goods all count toward your charitable contribution as far as the Internal Revenue Service is concerned.

A New Jersey bill that would permit towns and cities to give homeowners tax credits in exchange for counting property tax payments as charitable contributions is poised for a final vote in the Legislature next month.

Your charitable contributions still count as a deduction in the AMT calculation.