Securing financial perks through charitable donations is a noble endeavor that promotes responsible wealth management. Under Section 80G of the Income Tax Act, contributors can claim deductions on their income tax returns for contributions made to eligible charities . This provision not only minimizes your tax liability but also directs resources c

income gifts to charity appear on schedule A on the tax return, and that is where itemized deductions are shown. So if a taxpayer doesn’t itemize their deductions, they gained’t get a tax deduction their donation. Tina Orem can be an editor at NerdWallet. in advance of becoming an editor, she was NerdWallet's authority on taxes and modest ente