In the year of death,contributions to registered charitable organizations through your will

Question

Quizplus · Accepted Answer

Contributions to registered charitable organizations through your will can be 100 percent of net income and that of the preceding year. There is no restriction on the amount in terms of percentage or maximum limit such as $75,000. Option A is incorrect as contributions through a will cannot be made to a family member. Option B is incorrect as it imposes a 75 percent restriction on the amount of charitable contributions through a will.

In the Year of Death,contributions to Registered Charitable Organizations Through