Charleston's WCHS Eyewitness News Huntington, West Virginia WCHS Eyewitness News Saturday, May 17, 2008 06:21:21 AM     
Hurricane, West Virginia WCHS Eyewitness News
WCHS Home Charleston Newsroom Charleston Weather Sports News TV Shows TV Program Schedule Community Get Coupons


Tax Tip! TaxBreak 2008 from wchstv.com
Smart Ideas To Save You Time and Money on your Taxes

Tighter requirements for charitable donations


It is getting harder to be nice, and save on your taxes at the same time. We're talking about increasingly stringent requirements that are now in place for the deduction of charitable donations.

In the past, for amounts under $250, it was sufficient to use one's own notes or personal check register to show proof of donations to charity. Now, cash donations must be confirmed by other records, such as a check, electronic funds transfer record, credit card or bank or credit union statement. It could also include a payroll check stub, or W-2 where payroll deductions are involved.

The records need to include the name of the charity, the donation amount, and the date of the payment or transaction. Written verification from the charity involved can also be used. The records are needed in case of an audit.

All of this pertains only to filers who itemize and take the deduction for charitable contributions.


More TaxBreak 2008
Get More Tax Tips You Can Use!




Common Tax Forms you can download as Adobe Acrobat (PDF) forms. The complete list of tax forms is available at www.irs.gov You can download a free Adobe Acrobat reader from Adobe

Form W-4 Employee's Withholding
Form 1040EZ Income Tax Return for Single and Joint Filers With No Dependents
Instructions for 1040EZ Instructions
Form 1040 U.S. Individual Income Tax Return
Instructions for 1040 (Tax Tables) Tax Table and Tax Rate Schedules
Instructions for 1040 (General Inst.) Instructions for Form 1040
Form 1040 (Schedule A&B) Itemized Deductions and Interest & Dividend Income
Instructions for 1040 (Schedule A&B) Instructions
Form 1040 (Schedule C) Profit or Loss from Business (Sole Proprietorship)
Instructions for 1040 (Schedule C) Instructions
Form 1040 (Schedule C-EZ) Net Profit from Business (Sole Proprietorship)
Form 1040 (Schedule D) Capital Gains and Losses
Instructions for 1040 (Schedule D) Instructions
Form 1040 (Schedule D-1) Continuation Sheet for Schedule D (Form 1040)
Form 1040 (Schedule E) Supplemental Income and Loss
Instructions for 1040 (Schedule E) Instructions
Form 1040 (Schedule EIC) Earned Income Credit
Form 1040 (Schedule F) Profit or Loss From Farming
Instructions for 1040 (Schedule F) Instructions
Form 1040 (Schedule H) Household Employment Taxes
Instructions for 1040 (Schedule H) Instructions
Form 1040 (Schedule J) Farm Income Averaging
Instructions for 1040 (Schedule J) Instructions
Form 1040 (Schedule R) Credit for the Elderly or the Disabled
Instructions for 1040 (Schedule R) Instructions
Form 1040 (Schedule SE) Self-Employment Tax
Instructions for 1040 (schedule SE) Instructions
Form 1040A U.S. Individual Income Tax Return
Instructions for 1040A Instructions
Form 1040A (Schedule 1) Interest and Ordinary Dividends for Form 1040A Filers
Form 1040A (Schedule 2) Child and Dependent Care Expenses for Form 1040A Filers
Form 1040A (Schedule 3) Credit for the Elderly or the Disabled for Form 1040A Filers
Instructions for 1040A (Schedule 3) Instructions
0696 Form 8332 Release of Claim to Exemption for Child of Divorced or Separated Parents




Fire!Fire

Fugitive Files Tuesdays at 6 PM on Eyewitness News

West Virginia Wildlife Wednesdays at 6 PM on Eyewitness News

Newscast Scripts

ABC News web site




| Home | Eyewitness News Newsroom | Storm Team Weather | Eyewitness Sports | Schedules | Programs |

Send Mail Send email to news@wchstv.com for information or comments concerning WCHS-TV Eyewitness News.

Copyright ©2008, WCHS-TV8. Portions are
Copyright 2008 Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten, or distributed.