SOUTH BEND For anyone hoping to claim charitable donations on taxes for 2013, the deadline is fast approaching. But, it's not too late to give back and qualify for a deduction.
People have until December 31st, to make a monetary or material donation. Organizations must be approved by the IRS to qualify for a deduction.
Bob York, an area tax expert, shared a helpful checklist with 16 Morning News, to use before the end of the year.
Before you claim a charitable act on your tax forms,
Does it qualify with the IRS?
Do you have a receipt from the organization?
Do you have a credit card statement if you paid by card?
Do you have a cancelled check to prove the date?
York pointed out several other eligible tax deductions:
-14 cents a mile when driving to and from volunteering
-Any related products purchased for a non-profit organization
-credit card charges to eligible organizations made by Dec. 31, even those that have not been paid off
Things that are not deductible are:
-giving to a family, or anyone not registered with the IRS
-value of your time, for example, hourly wage when missing work to volunteer
-personal items purchased while volunteering, for example, a meal
For more information or to see if an organization qualifies, check the IRS website.