Also known as Cardiac Catheter Ablation Catheter ablation is a procedure that uses energy to make small scars in your heart tissue to prevent abnormal electrical signals from moving through your heart.
However, for any tax year, all current-year contributions are deducted first. The second 50% limitation refers to gifts (other than capital gain property) to certain types of charitable organizations (50% charities) that are considered first in computing the overall 50% limit.
Basis for deduction. To be deductible as a charitable contribution for federal income tax purposes, a payment to or for the use of a qualified charitable organization must be a gift.1 To be a gift, there must be a payment of money or transfer of property without adequate consideration.