See Insider's picks for the best tax software > Can I reduce my taxes by donating to charity? Since 2017 tax reforms, the number of people who itemize has dropped dramatically, making the charitable tax deduction all the more valuable to those who qualify. However, only those who itemize their deductions can take advantage of it. Taxpayers who donate to charitable causes can use a federal income tax deduction to reduce what they owe the IRS.
