TAX WATCH

Charitable Deductions Fell in 2006, Report Says

By Eric Kelderman

Deductions for charitable contributions in 2006 declined after adjusting for inflation, according to statistics released by the federal government.

Americans deducted $186.6-billion in charitable gifts in 2006, 1.8 percent more than the $183.4-billion in charitable deductions they claimed in the 2005 tax...

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