Welcome to the CalVet website, and thank you for your service! You may register to get information tailored to the personal profile you create or simply browse the site anonymously.elcome to the CalVet website, and thank you for your service! You may register to get information tailored to the personal profile you create or simply browse the site anonymously.
You may deduct a maximum of up to 50% of your adjusted gross income (AGI) (Line 36 on IRS Form 1040) for the tax year the donation was given. However, if you give more than 50%, the excess may be carried forward for up to five years.
You can deduct a charitable donation on your income taxes only if it is made to a designated 501(c) organization. Donations to groups not so designated are not eligible for tax deductions. IRS Publication 78 (see Resources) is a complete list of designated organizations eligible to receive tax-deductible donations.