Charitable Contribution Deductions in The United States - Exclusions of Certain Amounts From Deduction

Exclusions of Certain Amounts From Deduction

Certain portions of the market value of non-cash donations, such as short-term capital gains, are made non-deductible by I.R.C. 170(e)(1)(A).

Read more about this topic:  Charitable Contribution Deductions In The United States

Famous quotes containing the word amounts:

    Land is the only thing in the world that amounts to anything, for ‘tis the only thing in this world that lasts.... ‘Tis the only thing worth working for, worth fighting for—worth dying for.
    Margaret Mitchell (1900–1949)