June 26, 2003

Group Releases Figures on Charity Deductions

By Debra Blum and Elizabeth Schwinn

Using statistics from the Internal Revenue Service, RIA -- a tax-information publisher -- has calculated the average deductions for charitable contributions taken in 2001 by taxpayers in six tax brackets:

Average deductions ranged from $1,329 for taxpayers who earned less than $15,000 to $17,842 for those with incomes of $200,000 or more.

RIA, formerly known as the Research Institute of America, based its estimates on IRS data that were published in the government's

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