How Charitable Donations Can Reduce Your Taxes

Is claiming a charitable donation tax deduction the right choice for you this tax season?

computer keyboard with a red button with a heart and the word "donation" on it
(Image credit: Getty Images)

A charitable donation tax deduction might allow you to give to a good cause and lower your tax bill at the same time. And with the holiday season upon us, you might feel that now is the best time to give. 

However, there are several rules to follow and boxes to check before you can deduct your charitable contributions on your federal income tax return. But if you can satisfy IRS requirements, you may receive a gift, in the form of a tax deduction, for helping those who are less fortunate than you.

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Rocky Mengle

Rocky Mengle was a Senior Tax Editor for Kiplinger from October 2018 to January 2023 with more than 20 years of experience covering federal and state tax developments. Before coming to Kiplinger, Rocky worked for Wolters Kluwer Tax & Accounting, and Kleinrock Publishing, where he provided breaking news and guidance for CPAs, tax attorneys, and other tax professionals. He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky holds a law degree from the University of Connecticut and a B.A. in History from Salisbury University.

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