The Complete Guide to Charitable Donations and Your Taxes [INFOGRAPHIC]

‘Tis the season for giving and receiving. Giving, in particular: according to Causes.com, charitable donations increase by 42% in November and December. And all that holiday generosity comes with an extra perk: Uncle Sam may just cut you a break.

In our latest infographic, we take a look at charitable donations, from the tax deductible to the not-so-much. Enjoy.

**UPDATE: There has been an update to the IRA Rollover since this blog was published: this rollover was extended thru the end of 2013, with special rules for contributions made before February 2013.**

Click image to see a larger version

Like this infographic? Use the code below to embed it on your site:

[Sources]

Tags: , , , , ,