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    #1

    Charitable Trust

    Taxpayer established a Charitable Trust and transferred property to the Trust. Does the Charitable Trust have to have a 501(c)3 status, in order for the taxpayer to claim a charitable deduction on his personal tax return?
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    #2
    Here's a link that provides helpful information -
    Charitable Trusts | Internal Revenue Service
    https://www.irs.gov/charities-non-profits/private-foundations/charitable-trusts
    Discussion of federal tax rules that apply to non-exempt charitable trusts under Code section 4947(a)(1).
    Uncle Sam, CPA, EA. ARA, NTPI Fellow

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