|
Give to WHAM online now.
Just Click here.
Or you can read the really long information
provided by the IRS below.
Here is donation information from WHAM and the Internal Revenue Service - IRS.
Or, choose from of the the links in the Left margin to assist you with any other non-monetary donation.
Tips for Making Charitable Donations to WHAM
Millions of taxpayers itemize their deductions on their federal income tax forms. A common itemized deductions is a donation made to a charitable organization. Here are ten things WHAM wants you to know before deducting charitable donations.
1. Charitable contributions can be made to WHAM. WHAM is a 501 (c) 3 non-profit organization.
2. Charitable contributions are deductible only if you itemize by using Form 1040, Schedule A.
3. Cash contributions and the fair market value of most property donated to WHAM are allowed. Special rules apply to several types of donated property, including clothing or household items, cars and boats.
4. If you receive merchandise, goods, or services in return for a contribution - such as admission to a charity event - you only can deduct the amount that exceeds the fair market value of the benefit received from WHAM.
5. Be sure to keep good records of any contribution you make to WHAM, regardless of the amount. Contributions in cash must be recorded by: * a bank record - including a cancelled check or a bank or credit card statement * a written record from the charity with date, amount, and donor name * a payroll deduction record.
6. Only contributions actually made to WHAM during the tax year are deductible. For example, if you pledged $500 in September but paid the charity only $200 by Dec. 31, your deduction would be $200.
7. Include credit card charges and payments by check in the year they are given to WHAM, even though you may not pay the credit card bill or have your bank account debited until the next year.
8. For any contribution of $250 or more, you must have written acknowledgment from WHAM to substantiate your donation. Written proof will include the amount of cash and a description of any property contributed, and whether the organization provided any goods or services in exchange for the gift.
9. To deduct charitable contributions of items valued at $500 or more to WHAM, make sure you must complete Form 8283, Noncash Charitable Contributions, and attached the form to your return.
10. An appraisal generally must be obtained if you claim a deduction for a contribution of noncash property to WHAM worth more than $5,000. In this case, you must also fill out Section B of Form 8283 and attach the form to your return.
For more information, refer to IRS Publication 526, Charitable Contributions, and for information on determining value, refer to Publication 561, Determining the Value of Donated Property. These publications are available on the IRS website, www.irs.gov or by calling 800-TAX-FORM (800-829-3676).
Use these links for the above mentioned forms:
Form 8283, Noncash Charitable Contributions
Publication 526, Charitable Contributions
THANK YOU FOR DONATING TO WHAM!
Please consider donating online .
If you cannot contribute financially, or by donating items please consider volunteering with us.
* * *
We receive donations at 3100 Rodgerdale
Donation Hours are:
Monday - Friday 10 a.m. - 5 p.m.
Saturday 10 a.m. - 4 p.m.
Closed Sunday
Please, do not leave donations after hours listed. Any property left on our premises after hours is not in our control, and therefore, subject to theft and destruction.
* * *
THANK YOU FOR DONATING TO WHAM!
|