Cash Donation to 501(c)(3)
Up to 60% of AGI
Can You Write Off Cash Donation to 501?
Short answer: Cash Donation to 501(c)(3) — Charitable Contributions
Cash contribution to qualified charity (C-Corp: 10% of taxable income).
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-EXP-04086
low risk
Cash Donation to 501(c)(3)
Up to 60% of AGI
All Industries
Other Expenses
Charitable Contributions
Cash Donation to 501(c)(3) — Charitable Contributions
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Cash contribution to qualified charity (C-Corp: 10% of taxable income).
Category
- Charitable Contributions
charitable contributions
charitable
cash donation to 501(c)(3)