I have receipts and thats all I seen thats required to have proof of donation. I used my own money from my credit cards to donate to my paypal charity. In return I would get an email with my receipt as proof that I sent it to my own charity. It would say your receipt for your donation.
yes a non profit charity. I'm new to it so i'm not entirely sure of what im doing I was told that I could file taxes for my own donations of money I gave to myself.
What? You are not even making sense. What are you trying to do? Donations to charity--even legitimate ones that are recognized by the IRS -- are itemized deductions. Itemized deductions cannot affect your tax refund or tax due unless you have enough itemized deductions to exceed your standard deduction. So if you did not have enough other deductions like mortgage interest, property taxes, etc. your so-called donations mean nothing.
Many taxpayers year because their itemized deductions are not having the same effect as they did on past tax returns. The new higher standard deduction and the elimination of certain deductions, as well as the cap on state and local taxes have had a major impact since the new tax laws went into effect beginning with 2018 returns.
Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund. The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach. The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you. Under the new tax laws, some deductions have been capped—there is a $10,000 limit to the itemized deductions for state, local, property and sales taxes.
Your standard deduction lowers your taxable income. It is not a refund.
2019 Standard Deduction Amounts
Single $12,200 (+ $1650 65 or older)
Married Filing Separate $12,200 (+ $1300 if 65 or older)
Married Filing Jointly $24,400 (+ $1300 for each spouse 65 or older)
Head of Household $18,350 (+ $1650 for 65 or older)
(Also + $1650 if legally blind)