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The deduction is a deduction from your adjusted gross income, not direct taxes owned. So, $500 would come off of say $50,000 AGI, not $9,500 owed taxes. Also, it is not included if all deductible donations do not exceed the basic allowance (something like $4000 that you fill out on your 1040 somewhere). If it is less, then the normal amount applies. If it is more, then it applies instead.
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The prospect of achieving a peace agreement with the extremist group of MILF is almost impossible...
-- Emmanuel Pinol, Governor of Cotobato
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