Donating to your favorite charity is awonderful way for physicians to give back totheir community.When it comesto tax planning,though, sometimesyour bestintentions canbackfire, specificallyif you happento givemore than 20%of your adjustedgross income(AGI) to charity. According to the NationalInstitute of Business Management's, tax lawslimit the charitable donation deduction to20% to 50% of your AGI annually,depending on the type of charity. A 50%limit applies to qualified public institutionssuch as hospitals, churches, andschools, and also some private organizations.A 30% limit applies to qualifiedorganizations not included in the 50%category, such as veterans associationsand fraternal societies. Plus, a special limitof 30% applies to capital gain donationsgifted to 50% limit charities and a 20%limit applies to non-50% limit charities.The good news is that you can carry overany donations that exceed your AGI limitsin the current year for the next 5 years oruntil the donation amount is gone.Confused? Ask your accountant to clarifythe laws before you open your checkbook.For more information on charitable donationguidelines, you can access IRSPublication 526 at www.irs.gov/pub/irs-pdf/p526.pdf.