Tax Tip: Make sure to itemize - KOTA Territory News

Tax Tip: Make sure to itemize

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When doing your taxes, filling out your personal information and your income is only the tip of the iceberg.
 
There are many deductions available in the itemizations category, many of which are overlooked.

Medical expenses, interest expenses, charitable contributions are all ways you can get the most back in your refund.

But when claiming charitable contributions you need to be careful, not all of them can be deducted.

 
"It's really important to make sure that tax payers understand that the donation needs to be made to a qualified charitable organization. That way they make sure that their donation is deductible," says Nicole Ossenfort, Franchise Owner of Liberty Tax Service on East St Patrick Street in Rapid City.
 
To find out which organizations qualify:

http://www.irs.gov/Charities-&-Non-Profits/Search-for-Charities

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