Make charitable Donations by Dec. 31 for Tax Deduction
December 23, 2020
With the end of 2020 coming soon, the Montana Department of Revenue has a reminder: Contributions to the charitable organizations and causes may be deductible on 2020 income taxes if made before the end of the year.
“Montanans donate generously to charitable causes in their communities and across the country,” said Gene Walborn, director of the department. “Now, when many of these organizations need our help more than ever, it’s is a great time to support what they do.”
For taxpayers who itemize their deductions, donations made by December 31 to qualifying charities may reduce the...