Question

The biggest perk or benefit you will receive for donating to a charitable organization is:

A: You can eat for free at the charity's cafeteria.
B: You can probably write the donation off on your taxes.
C: You will probably receive a "thank you" letter from the organization.
D: People will think you are rich because you can afford to donate to charities.

Answer 1

B - You can probably write the donation off on your taxes

Step-by-step explanation:

Paying donations to the qualified charities can be able to get some benefits under Income Tax act., We can deduct donations which we make to the qualified charities. This can reduce our taxable income, but to claim the donations, We have to itemize our deductions under the Claim of charitable donations on Form 1040, Schedule A.

Qualified charities means those who are properly applied and got the legal certificate for their registration and operations.