5 SIMPLE STATEMENTS ABOUT DONATE FOR TAX DEDUCTION EXPLAINED

5 Simple Statements About donate for tax deduction Explained

If you intend to claim itemized deductions for charitable contributions on your tax return, the deduction limit has reverted back to your maximum of sixty% of the AGI. As pointed out previously mentioned, the precise share you may claim is motivated by the type of contribution. The deduction for income donations is mostly limited to 60% of the fed

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