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You may deduct a charitable contribution made to, or for the use of, any of the following organizations that otherwise are qualified under section 170 (c) of the Internal Revenue Code: Interstate 170 (I-170), also known as the Inner Belt Expressway, is an 11.17-mile (17.98 km) north–south auxiliary Interstate Highway in Greater St. Louis, Missouri. Read IRC Section 170, providing itemized deductions for charitable, etc., contributions and gifts.

Review the full-text Code Sec. 170 on TaxNotes.com. The Core Principle: IRC Section 170 allows taxpayers who itemize their deductions to subtract the value of contributions made to qualified charitable organizations from their taxable income. Any charitable contribution, as defined in section 170 (c), actually paid during the taxable year is allowable as a deduction in computing taxable income irrespective of the method of accounting employed or of the date on which the contribution is pledged.

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