Yes, if you choose to itemize your deductions, you are eligible to deduct contributions made to qualified charitable organizations. It is important to maintain proper documentation, such as receipts or records, for all donations. For any contributions that exceed $250, you must obtain a written acknowledgment from the charity to support your deduction.
Please note, charitable contributions are only deductible if you itemize your deductions on your tax return, rather than taking the standard deduction. Additionally, only donations made to qualified organizations are eligible for this deduction. Contributions made to individuals or non-qualified organizations are not deductible as charitable donations.
To ensure that your donation is made to a qualified organization, you can consult the IRS’s official list of eligible organizations by visiting www.irs.gov/teos.