by TaxAct

Making charitable donations makes a difference to those in need and can save you money at tax time.

Donation Assistant by TaxAct is a free mobile app that helps track goods and money you donated to charitable organizations. Your donations can then be easily imported into TaxAct next tax season to maximize your refund.

How to Add Charitable Donations

1. After opening the app, tap "Add Donation."

2. Choose the type of donation:

  • Itemize – Choose this option to give values to individual items, such as clothing and household items. Donation Assistant contains more than 1,300 audit-backed, fair market values to help maximize your deduction.
  • Miscellaneous Bag – If you want to give one value to a bulk donation of many items, or want to itemize later, choose this category.
  • One-Time Cash Donation – This donation type is for cash gifts made once or a few times per year to a charitable organization.
  • Recurring Cash Donation – Select this for weekly, monthly or quarterly monetary donations.

Learn more about each category below.

3. Create a charity. Enter an organization name and street address. If you'd like, you can and choose an icon and color for each charity. The app saves your charities so you don't have to enter it if you donate to them again.

4. Optional: Create a digital record of your donation by taking a photo of the item or a receipt with the app's built-in camera. Then save it with your donation entry.

Itemized Donations

Donation Assistant has audit-backed, fair market amounts for more than 1,300 items to make it easy to value the item you are donating.

Simply choose the category that best fits your item and the app will guide you.

The app provides two distinct values for each item. IRS guidelines state your donated item must be in "good" or "better" condition. Choose the condition of your item for donation and the app will assign the associated value.

You also have the option of entering your own fair market value for each item.

If you do, keep in mind the IRS defines fair market value as "the price at which property would change hands between a willing buyer and a willing seller, neither having to buy or sell, and both having reasonable knowledge of all the relevant facts."

After you have assigned a value, you can create a digital record of your donation by taking a photo of the item or a receipt with the app's built-in camera.

Miscellaneous Bag Donations

If you don't have time to itemize your donations, use the Miscellaneous Bag category.

Miscellaneous Bag allows you to give your own value to the items donated. When using this category, it's a good idea to take a photo of the donations and receipts.

One-Time Cash Donations

Maybe you donate money to a local youth program or a national charity once or twice per year. Use the One-Time Cash Donation category for this type of donation.

Enter the amount and a description of the donation, and a photo of the receipt.

Recurring Cash Donations

If you make regularly scheduled monetary donations, the app will help set up a recurring schedule for you. Simply designate the amount made each time and how often a donation is made.

As the donation dates occur, the app will ask you to verify the donations were made.

If you need to change the amount donated or miss a scheduled donation, simply access the charity and donation from the Donation Assistant Dashboard and make the appropriate edits.

You can edit one or more entries from your recurrence schedule.

Donation Assistant Dashboard

The Donation Assistant Dashboard is the initial screen you see any time you open the app.

You may also access it by tapping on the home button from the slide in menu at the upper right of the screen or by tapping the home icon in the lower right of the screen.

As you enter donations, they are added on the Donation Assistant Dashboard on the front of the app. The dashboard shows each charity and the total donated to each one for the year.

Tap on a charity to view individual donation events. From here, you can also view each donation and photos, and edit or delete the donation.

Donation Report

From the slide in menu in the upper right, you may access the Donation Report. It shows all items and monetary donations for the year.

In addition to reviewing the information on your phone, you can also have the report emailed to you if your device has an email account already set up.

The emailed version of the report is viewable via your web browser on your tablet, laptop or desktop.

Import Donation Assistant information Into TaxAct

At tax time, you'll be able to import your Donation Assistant data into TaxAct. All the donation information you've collected will help save you valuable time and money on your taxes.

Download the App Today

Donation Assistant by TaxAct is available on both the App Store and Google Play. It's free to download, and free to use for all.

Clean out your closet and help those in need.

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Upcoming Tax Dates

February 10 — Social security, Medicare, and withheld income tax
File Form 941 for the fourth quarter of 2017. This due date applies only if you deposited the tax for the quarter timely, properly, and in full.

February 10 — Certain small employers
File Form 944 to report social security and Medicare taxes and withheld income tax for 2017. This due date applies only if you deposited the tax for the year timely, properly, and in full.

February 10 — Farm employers
File Form 943 to report social security and Medicare taxes and withheld income tax for 2017. This due date applies only if you deposited the tax for the year timely, properly, and in full.

February 10 — Federal unemployment tax
File Form 940 for 2017. This due date applies only if you deposited the tax for the year timely, properly, and in full.

February 10 — Employees who work for tips
If you received $20 or more in tips during January, report them to your employer Details

February 15 — All businesses
Give annual information statements to recipients of certain payments you made during 2017 Details

February 15 — Social security, Medicare, and withheld income tax
If the monthly deposit rule applies, deposit the tax for payments in January.

February 15 — All employers
Begin withholding income tax from the pay of any employee who claimed exemption from withholding in 2017, but did not give you Form W4 to continue the exemption this year.

February 15 — Individuals
If you claimed exemption from income tax withholding last year on the Form W-4, you must file a new Form W-04 by this date to continue your exemption for another year Details

February 19 — Everyone
Federal Holiday (Washington's Birthday) Details

February 28 — All businesses
File information returns (for example, Forms 1099) for certain payments you made during 2017.

February 28 — Payers of gambling winnings.
File Form 1096 along with Copy A of all the Forms W2G you issued for 2017. If you file Forms W2G electronically, your due date for filing them with the IRS will be extended to 03-31. The due date for giving the recipient these forms remains 01-31.

February 28 — All employers
File Form W3, Transmittal of Wage and Tax Statements, along with Copy A of all the Forms W2 you issued for 2017. If you file Forms W2 electronically, your due date for filing them with the SSA will be extended to 03-31. The due date for giving the recipient these forms remains 01-31.

February 28 — Large food and beverage establishment employers
File Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips. Use Form 8027T, Transmittal of Employer's Annual Information Return of Tip Income and Allocated Tips, to summarize and transmit Forms 8027 if you have more than one establishment. If you file Forms 8027 electronically, your due date for filing them with the IRS will be extended to 03-31.

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