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.
1 Charitable Donations-Donations to qualifying charities or nonprofit organizations are 100% tax deductible, up to 50% of your gross income. 2  Property Tax Deduction-Many states allow you to deduct any property tax paid to a county or municipality from your gross income.