Table of Contents
Charitable Contributions Tax Guide1
| Introduction | 1 |
| The Nature of a Charitable Contribution | 1 |
| Qualified Charitable Organizations | 1 |
| Types of Allowable Contributions | 1 |
| Contributions from Which You Benefit | 2 |
| Expenses Paid for Resident Students | 3 |
| Expenses Related to Foster Parents | 4 |
| Expenses Related to Underprivileged Youth | 4 |
| Expenses Related to Volunteer Work | 4 |
| Property Contributions | 5 |
| The Determination of Fair Market Value | 7 |
| Deduction Recapture | 10 |
| Contributions that are Not Deductible | 10 |
| When to Take a Charitable Deduction | 11 |
| Limits on Deductions | 12 |
| 50% Limit Organizations | 12 |
| Allowable Limits on Deductions | 12 |
| Carryovers | 13 |
| Penalties | 14 |
| Substantiation Requirements | 14 |
| Substantiation of Cash Contributions | 14 |
| Substantiation of Noncash Contributions | 15 |
| Substantiation of Out-of-Pocket Expenses | 15 |
| Summary | 15 |
| Review Questions | 16 |
Answers to Course Questions17
Glossary18
Index19
Course Details
Author: Steven M. Bragg, CPA
Steven Bragg, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young. He received a master’s degree in finance from Bentley College, an MBA from Babson College, and a Bachelor’s degree in Economics from the University of Maine. He has been a two-time president of the Colorado Mountain Club, and is an avid alpine skier, mountain biker, and certified master diver. Mr. Bragg resides in Centennial, Colorado. He has written more than 300 books and courses, including New Controller Guidebook, GAAP Guidebook, and Payroll Management.
Publication/Revision Date: 5/13/2026
Course Exam Questions (online): 5 (multiple-choice)
Program Delivery Method: Self-Study (NASBA QAS Self-Study)
Available Formats of Course Text: Downloadable PDF, Printed/Mailed
Course Level, Prerequisites, and Advance Preparation Requirements
| License | Course Level | Prerequisites | Advance Preparation Requirements |
|---|
| CPA | Overview | None | None |
| CFP® | Overview | None | None |
| EA/OTRP | Overview | None | None |
* This program is appropriate for professionals at all organizational levels.
Sponsor ID Numbers
National Registry of CPE Sponsors I.D.: 107615
CFP Board Sponsor I.D.: 1008 — Course I.D.: 344332
IRS Qualified Sponsor I.D.: FWKKO — Course I.D.: FWKK0-T-00780-26-S
State CPA Board Sponsor ID Numbers (where applicable)
Florida Division of Certified Public Accounting: 0004761
Hawaii Board of Public Accountancy: 14003
New York State Board for Public Accountancy: 002146
Ohio Accountancy Board: CPE .51 PSR
Pennsylvania State Board of Accountancy: PX178025
Texas State Board of Public Accountancy: 009349
Learning Objectives
As a result of studying the course material, you should be able to meet the objectives listed below:
- Identify the types of qualified charitable organizations.
- Specify which types of charitable donations are deductible.
- Recall which contributions qualify as a qualified conservation contribution.
- Specify the conditions under which a comparable property is a good indicator of fair market value.
