What tax bracket are you in?

Let's say 20%. If that's the case, then you can knock a dollar off your taxes for every $5 that you donate until you've reduced your taxable income to a lower bracket.

In any case, it's not possible to save money by donating to charity versus just paying the taxes.

>>1241325
You should be contributing to a 401(k) and IRA instead since it actually reduces your tax obligations and lets you keep your money for a later date.

You only pay more taxes on the income that exceeds your tax bracket so giving money away won't save you any cent just the opposite.

It works if it is "charity" and if you somehow profit from it which I am sure isn't the case.
You wanna evade taxes but don't even understand something as simple as that.

For any normal person there isn't a legal way of avoiding taxes

However, keep in mind that the deduction amounts for charity giving are pointless if you don't have enough deductions total to itemize (rather than just taking the standard deduction). Every time I've tried to claim things like charity giving it was useless since I have so few other deductions, the standard deduction was still far better than my itemizing.

>>1241475
>For any normal person there isn't a legal way of avoiding taxes
Donation of appreciated securities is as close to avoiding taxes as you can get. You don't pay capital gains on the appreciation, but you get to deduct the full market value of the asset.