Taxes- can I deduct charity donations that I made in 2007 that I failed to deduct in 2007, in my 2008 taxes?

Question

Taxes- can I deduct charity donations that I made in 2007 that I failed to deduct in 2007, in my 2008 taxes?

Answer 1

no you must amend the 2007 taxes

Answer 2

No.

You have to file an amended 2007 return

Answer 3

only if you file an amended return

Answer 4

No.

You can amend your 2007 taxes.

Answer 5

No, they can only be deducted on your 2007 tax return.  However, if it's going to make enough difference to bother, you can amend your 2007 tax return.  Just make SURE you have correct documentation if you do this, as it might send up a red flag.

In most cases, it's not going to result in enough of a refund to bother with the hassle of preparing an amended return, or paying for someone to handle it for you, so keep this in mind.

Hope this helps!!  Any extra questions, please ask.

Answer 6

No you can't - expenses are only deductible in the year paid.

If you had enough in 2007 to itemize, you can amend your 2007 return.