Donation Receipt From Salvation Army In Arizona

State:
Multi-State
Control #:
US-0020LR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Form popularity

FAQ

Start by obtaining a donation receipt form from the Salvation Army. These forms are usually available at their donation centers or can be downloaded from their website. Provide your personal information, including your name, address, and contact details, at the top of the receipt form.

Did you know that The Salvation Army is a qualifying agency under the Arizona Credit for Contributions to a Qualifying Charitable Organization? Your donation to The Salvation Army can reduce your tax bill dollar-for-dollar through a state tax credit.

Goodwill receives hundreds of thousands of donations a year thanks to the community's incredible generosity. Unfortunately, Goodwill is unable to replace your donation receipt if it is lost or stolen. However, federal tax guidelines may allow you to receive a tax write-off even if you do not have your receipt.

You can qualify for taking the charitable donation deduction without a receipt; however, you should provide a bank record (like a bank statement, credit card statement, or canceled check) or a payroll deduction record to claim the tax deduction.

Most charitable organizations that run thrift stores have receipts available to print from their websites. You need to make a list of what was donated, and assign the value (the organization cannot value your donation).

Nonprofit or charitable organizations typically create donation invoices after they've processed incoming donations. These organizations then send the donation invoices back to their donors.

You can donate any amount. You'll receive a dollar-for-dollar Arizona state tax credit for your generous contribution, up to $470 (single) or $938 (married, filing jointly). This credit directly reduces the amount of tax you owe, offering a dollar-for-dollar subtraction from your tax liability.

As an individual donor, your charitable donations entitle you to a three-tier tax credit. The first $200 of annual donations is eligible for a 15% federal tax credit, plus the applicable provincial/territorial tax credit.

Ing to the ATO, there's no limit to the donations you can claim in a financial year. However, you can't claim a deduction if you received a personal benefit or something in return, except for items that have immaterial value relative to the size of the donation.

Trusted and secure by over 3 million people of the world’s leading companies

Donation Receipt From Salvation Army In Arizona