by Answerbag Staff on October 28th, 2009

Answerbag Staff

Question

Help answer this question below.

How much money do you need to donate before itemizing taxes?

Answers. 1 helpful answer below.

  • by Chrystal Mahan on October 28th, 2009

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    The Internal Revenue Service stipulates that you may donate up to 50 percent of your income. In order to itemize for tax purposes, the total of the itemization needs to be larger than your standard deduction. Standard deductions vary between singles, married and heads of household.

    Source:

    Internal Revenue Service

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

You're reading How much money do you need to donate before itemizing taxes?

Follow us on Facebook!

Related Ads

ANSWERBAG BUZZ

How much can you donate for taxes
How much money do you have to donate to claim on taxes
How much to donate
How much do you have to donate to itemize
How much money do i have to donate to itemize