5. You Made Charitable Donations for 2025 Tax Refund
Donating to charity can lower your tax liability if you itemize your deductions. Whether you donate money, goods, or services, these charitable grants are deductible from taxable income and reduce your tax liability. To qualify for the deduction, you must have proof of the donations and file a Schedule A with your tax return.
What to Do: If you’ve donated money or items to charity, keep all receipts and records. These will be needed when you file your taxes.
Action Needed: Think about the donations you will be making towards charity so that, towards the end of 2025, you can claim higher refunds.
You can claim higher refunds with the contribution to Charitable deductions
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