Financial Planner

Category - Tax Planning

What IRS publication can you use to find a complete list of qualifying charitable organizations?
  1. IRS Publication 17
  2. IRS Publication 78
  3. IRS Publication 942
  4. IRS Publication 1040
Explanation
Answer: B - In order to deduct a gift to a charity, you must make the gift to a qualifying charitable organization. The IRS publishes a list of qualifying charities in IRS Publication 78.
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