Tax Tip 2020-161: Here’s how taxpayers can check if their charitable donation is tax deductible

Nov 25, 2020 | Federal Tax Developments, IRS Tax Tips, Uncategorized

The arrival of the holiday season is when many people think about how they can give back. Often taxpayers want to donate to a charity. The IRS has a tool that can help people figure out if giving to their favorite cause will also give them the gift of a tax deduction.

Tax Exempt Organization Search on IRS.gov allows users to search for tax-exempt charities. Taxpayers can use this tool to determine if donations they make to an organization are tax-deductible charitable contributions.

Here are some key features and functions of the TEOS tool:

  • It provides information about an organization’s federal tax status and filings.
  • Donors can use it to confirm that an organization is tax-exempt and eligible to receive tax-deductible charitable contributions.
  • Users can find out if an organization had its tax-exempt status revoked.
  • Organizations are searchable by legal name or a doing business as name on file with the IRS.
  • The search results are sortable by name, Employee Identification Number, state and country.

Users can also download complete lists of organizations eligible to receive deductible contributions, auto-revoked organizations and e-Postcard filers using links on the Tax Exempt Organization Search page of IRS.gov.

 

More Information:
Tax Exempt Organization Search: Frequently Asked Questions
How the CARES Act changes deducting charitable contributions
Interactive Tax Assistant, Can I Deduct my Charitable Contributions

 

IRS YouTube Videos:
Tax Exempt Organization Search – English | ASL

 

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