by 
The Curious Bag
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A tax write-off is a deduction from your taxable income. Many different things can qualify as a tax write-off, as long as they are documented and meet the Internal Revenue Service (IRS) requirements for a write-off.
Donations
Many donations are considered write-offs. If you donate clothes, household goods or money to a charity you can deduct the value from your taxable income on your income tax return.
Charities
To be considered a tax write-off, the charity that you donate goods to must be recognized as a charitable organization by the IRS. Charities are considered tax-exempt organizations by the U.S. government.
Volunteering
Volunteer work isn't tax deductible, but the mileage that you use to drive to and from your volunteer work can be a tax write-off. Make sure you keep an accurate record of your mileage all year.
Interest
Interest paid on student loans can also be a tax write-off. At the beginning of the year, you will receive a statement of the interest you paid on the loan throughout the year.
Warning
Make sure to get itemized receipts for donations. Inflating the value of goods donated or misrepresenting the amount of tax deductible miles are both considered tax fraud. Fraud is punishable by fines and/or time in prison.
Source:
IRS Offers Tips for Year-End Donations
Commonly Overlooked Tax Deductions
Resource:
Charity Write-Off Fraud
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