04/13/2012 11:54 am ET | Updated Apr 14, 2012

Tax Deductions For Donations: 5 Tips You Need To Know

Most gracious givers don't perform altruistic acts completely selflessly. Charitable tax deductions can be a big plus come tax season, and we've compiled top tips you need to know.

Above all, in order to be deductible, your donation must have been made to a qualified organization. Make sure the receiving organization is qualified by checking the IRS site, calling the IRS at 1-877-829-5500 or simply asking the organization.

If you have yet to file, check out these last-minute charitable tax deduction tips you may not be aware of.


5 Charitable Deduction Tips You May Not Know