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How much of a tax credit do I get for a charitable donation?
Most people donate money and time to the less fortunate and they are eligible for a tax credit for that donation. The 15 percent of the first $200 of donations is called a direct tax credit. In general, most taxpayers receive this amount if their adjusted gross income is under $100,000. There are rules that can allow some taxpayers to get a more generous credit, which we call the non-expensing...
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