The federal tax code allows individuals and businesses to make noncash contributions to qualifying charities and to claim deductions for these contributions on their tax returns. Gifts of donated property, clothing, and other noncash items have long been an important source of revenue for many charitable organizations and a popular deduction for taxpayers. The American Jobs Creation Act of 2004 created additional reporting requirements for individual taxpayers making noncash charitable contributions. This website provides information for contributors, charitable organizations, and tax professionals who represent them, about federal tax requirements for donated property. Information for Donors Information for Charitable Organizations Information for Tax Professionals Interactive Training Learn more about the benefits, limitations and expectations of tax-exempt organizations by attending 10 courses at the online Small to Mid-Size Tax Exempt Organization Workshop.