Track your charitable donations to save money at Tax Time

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Track your charitable donations to save money at Tax Time -

Track Your Charitable Donations to Save You Money at Tax Time

For Don Wizard by TaxACT infographic click here .

Making charitable donations made a difference to those in need and can save you money at tax time.

Deputy donation TaxACT is a free mobile application that helps track goods and money you gave to charities. Your donation can be easily imported into TaxACT Deluxe next tax season to maximize your refund.

How to Make Charitable Donations

1. After opening the app, tap "Add gift."

2. Choose the type of donation:

  • Itemize - Select this option to give values ​​to elements individual, such as clothing and household items. Deputy donation contains more than 1,300 to the verification of claims, the fair market value to help maximize your deduction
  • Various bag -. If you want to give a value to donate loose many articles, or want detail later choose this category
  • one-time cash gift - .. this type of gift is to cash donations made once or several times a year to a charity
  • recurring cash donation - .. Select this for weekly, monthly or quarterly monetary donations

Learn more about each category below

3. Create a charity. Type your organization name and address of the street. If you wish, and you can choose an icon and color for each charity. The app records your charities to avoid having to do it if you give again.

4. Optional: Create a digital record of your donation by taking a picture of the item or a receipt with the integrated camera application. Then save it with the input of your donation.

Donation Assistant by TaxACT

[Click on image or here to view the Donation Assistant by TaxACT infographic]

Donations Enumeration

Deputy Don audit -backed, fair market amounts for more than 1,300 items to make it easier to value the item you donate.

simply choose the category that best fits your item and the app will guide you.

The application provides two distinct values ​​for each item. IRS guidelines indicate your article must be given in the "good" or "better" condition. Choose the status of your item for donation and the application will affect the associated value.

You also have the option to enter your own fair market value for each item.

If you do, keep in mind the IRS defines fair market value as "the price at which property would change hands between a willing buyer and a willing seller, neither having to buy or sell, and both having reasonable knowledge of all relevant facts. "

After assigning a value, you can create a digital record of your donation by taking a picture of the item or received with the device built-in camera application.

Various gifts Bag

If you do not have time to detail your gifts, use the Miscellaneous category Sac.

Various Bag you helps give your own value to the given objects. When using this category, it is a good idea to take a photo of donations and revenue.

one-Time cash Donations

Maybe give you money for a local youth program or a national charity once or twice a year. Use the cash category unique gift for this type of donation.

Enter the amount and a description of the gift, and a photo of the receipt.

Recurring Cash donations

If you make regular monetary donations, the application will help you set a recurring schedule for you. Simply designate the amount made each time and how often a donation is made.

As the gifts of dates occur, the application will ask you to verify the donations were made.

If you need to change the amount of the gift or miss a planned gift, simply access the charity and the gift of the deputy Dashboard gift and make the necessary changes.

You can modify one or more entries in your schedule recurrence.

Dashboard deputy gift

assistant Dashboard donation is the initial screen you see when you open the application.

you can also access it by tapping the home button of the slide in the menu at the top right of the screen or by pressing the icon of the house at the bottom right of the screen.

When entering donations, they are added to the table assistant edge gift to the front of the application. The dashboard shows each charity and the total given to each for the year.

Tap a charity to view events from individual donations. From here you can also view each donation and photos, and to change or delete the gift.

Donation Assistant by TaxACT

[Click on image or here to view the Donation Assistant by TaxACT infographic]

Donation Report

slide into the top right menu, you can access the donation report. It shows all items and monetary donations for the year.

In addition to reviewing the information on your phone, you can also have the report emailed if your device has an email account already set up.

version sent report is available via the browser on your tablet, laptop or desktop Web.

Import donation Deputy Information Into TaxACT Deluxe

in the time tax, you will be able to import your data into TaxACT Donation Assistant Deluxe. All information about donations you have collected will help you save time and money on your taxes.

Download App Today

Don deputy by TaxACT is available on App Store and Google Play . It is free to download, and free to use for all.

Clean your closet and help those in need.

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