Typically, you must itemize your tax deductions in order to claim them. This can be done by filling out a Schedule A form. The Schedule A is divided into numerous sections and subsections, allowing taxpayers to add up various types of expenses that can qualify for tax deductions. After calculating the total sum of itemized deductions, enter that total on your Form 1040. At tax time, the IRS Schedule A form must be filed with your Form 1040.
However, the 2020 tax year is an exception: donations of up to $300 given before December 31, 2020 do not require itemization to be claimed as tax deductible donations.
This is considered an “above-the-line” deduction and results in tax-savings for those making donations to qualifying tax-exempt organizations.