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Is my contribution to a Claretian Missionaries Charitable Gift Annuity tax-deductible?

April 26, 2017Annuity charitable claretian contribution gift missionaries tax-deductible

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Is my contribution to a Claretian Missionaries Charitable Gift Annuity tax-deductible?

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A percentage of your gift annuity can be deducted as a charitable contribution. A portion of the annual income received is also tax-free. Exact figures for each annuity are based upon current Internal Revenue Service regulations.