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A donation receipt provides documentation of a cash or property donation made to a charitable cause or organization. It serves as proof of charitable contributions for tax deductions and write-offs. This video reviews essential information about donation receipts, including their content and where to obtain official templates. A donation, defined as a gift of cash or property to a charitable cause, can be tax-deductible when made to non-profit groups as recognized by the IRS. However, contributions to political campaigns or civic groups typically do not qualify for tax deductions. Common examples of donations include those made to charitable organizations, religious institutions, and educational funds.
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