In you intend to take a tax deduction for charitable contributions, A. drop money into canisters at supermarket checkout counters. B. give cash to solicitors outside stores and malls. C. support groups that have 501(c)(3) status. D. donate to the person with the funniest sign.

Support groups that have 501(c)

Explanation:

501(c)(3) groups fall into one of three major categories: public charity and corporate foundations. Charity of the nation. Community charities are what other people know as successful initiatives.

501(c)3 corporations have a common humanitarian, educational and religious purpose and do not make money or establish a non-political public benefit. The most common forms of tax deductions are also a 501(c)3 exemption-501(c)3 is a 74% deduction of all 501(c).  There are also 28 other 501(c) organizations eligible for funding, and only two may qualify for tax-deductible contributions.

answer; the correct answer is (0.08);

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