Best Ways To Handle Donations Before Tax Deadline

Dec 28, 2015

  If you've made a donation or plan to do so before the end of the year, there are some things you should consider if you want claim it on your taxes.  


Clothing and household item donations worth under $250 don't need a receipt.  But it's a different story for financial contributions.  Luis Garcia is a spokesperson for the IRS

"But any cash, whether it's a dollar or $100,000, you're going to need a written statement from that charity that they received that amount of money from you."

Next year, the filing deadline to submit 2015 tax returns will be April 18th and not the traditional April 15th day.  Washington D.C. will celebrate Emancipation Day on the 15th.

Like 89.1 WEMU on Facebook and follow us on Twitter

— Jorge Avellan is the Ann Arbor beat reporter and anchor for 89.1 WEMU News.  Contact him at 734.487.3363 or email him studio@wemu.org