On December 31,2016,Lynette used her credit card to make a $500 contribution to the United Way,a qualified charitable organization.She will pay her credit card balance in January 2017.If Lynette itemizes,she can deduct the $500 in 2016.

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Lynette can deduct the $500 contribution on her 2016 tax return, even though she will pay the credit card balance in January 2017. The deduction is based on the date that the contribution was charged to her credit card, which was in 2016.

On December 31,2016,Lynette Used Her Credit Card to Make a $500