Please keep this written acknowledgement of your donation for your tax records. A tax donation letter contains details about the donation, including the date, a description, donor information, and value.This step-by-step guide will help you fill out the donation tax receipt and get things in order for tax season. You can deduct contributions to charity only if you itemize deductions on your Schedule A of Form 1040. The Donation Value Guide below helps you determine the approximate tax-deductible value of some of the more commonly donated items. A donor acknowledgement letter should include a few specific items to assist the donor and help your organization comply with IRS regulations. We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. Are pleased to inform you that upon review of your application for tax exempt status we have determined that you are exempt from Federal income tax. What do you need to include in your donation acknowledgment letter? In this post you will learn that being strategic and intentional in your 2021 contributions can create tax benefits for both you and your chosen charity.