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 Tax Year 502V Use of Vehicle for Charitable Purposes 2023-2024

502v 2023-2024 Form

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it's better to give than to receive we've all heard the phrase but as a bonus the ux tax code allows us to receive when we give in the form of tax deductions that can lower your tax bill and today we're going over everything you need to know about deductible donations we'll be covering what types of donations are eligible how to claim the deduction if it even makes sense for you to donate for tax purposes and everything in between note that for guidance or advice specific to your situation you should consult with your tax illegal professional before we get started go ahead and like this video right now to let me know you're pumped and as a bonus it helps others find our channel on youtube and subscribe to see more videos that will help you save on your taxes let's start with what organizations are eligible for deductions only donations that go to a taxes them organization or qualified organizations qualify for tax deductions so friends and family unfortunately do not qualify for a tax

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