Is a Credit Card Donation Tax Deductible?

Question: Is a Credit Card Donation Tax Deductible?

Answer: Yes, if:

• You donate to a qualified charitable organization including a 501(c)(3) tax-exempt organization or church.
• You actually make the donation, not just a pledge or promise to donate.
• You itemize your deductions.
• You donated less than 50% of your adjusted gross income.
• You have a receipt for donations over $250.
• You file Form 1040, Schedule A(you cannot use form 1040A or 1040EZ).

If your credit card donation meets the IRS requirements, you can deduct deduct the donation in the year the donation is applied to your credit card, regardless of when you pay off the charge.