A tax deduction for charitable giving isn’t guaranteed just because you’re feeling generous. Here are 14 tips for making your charitable donation count:1. Since you must itemize to claim a charitable deduction, some taxpayers won’t benefit by giving to charity in one year, but exercising a little creativity can carry you a long way: Consider bundling charitable gifts. A charitable donation is deductible only to the extent that the donation exceeds the value of any goods or services received in exchange. The IRS does not allow a charitable deduction for volunteering your services even if you can easily put a dollar amount on your time.

Source: Forbes December 11, 2018 14:15 UTC