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To claim a charitable income tax deduction for a gift, the gift must be to a qualified charity. Gifts to help individuals in need do not count as deductible donations. So unless the account was set up by a tax-exempt charity, I'm afraid your gift is not deductible.
To claim a charitable income tax deduction for a gift, the gift must be to a qualified charity. Gifts to help individuals in need do not count as deductible donations. So unless the account was set up by a tax-exempt charity, I'm afraid your gift is not deductible.
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