How do amounts given to the charitable checkoffs affect the federal tax return as to the following two scenarios: 1) Being taxed on your Iowa tax refund, and 2) Deducting any Iowa taxes owed?
Are donations to a 501(c)(4) deductible. Generally the answer is no for individuals, and "maybe" for businesses.
Something that a lot of taxpayers (and tax preparers -- including me) in Iowa often overlook is the "charitable checkoffs" a taxpayer can make on their Iowa tax return. Taxpayers can choose to donate money on their Iowa return to these causes: Fish and Wildlife: donations made here go towards Iowa's Wildlife Diversity Program, which monitor's [...]