General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCharitable contribution deduction for individuals who don't itemize
Individuals, including married individuals filing separate returns, could claim a deduction of up to $300 for cash contributions made to qualifying charities back in 2021. The maximum deduction was increased to $600 for married individuals filing joint returns.
This fixed an unintended consequence of the larger standard deductions. Is there any hope of getting this reinstated for 2022? It would be a force for good and the charitable holiday season is fast approaching.
https://www.irs.gov/newsroom/expanded-tax-benefits-help-individuals-and-businesses-give-to-charity-during-2021-deductions-up-to-600-available-for-cash-donations-by-non-itemizers
JustAnotherGen
(38,074 posts)D.C. is intransient on any tax reform/breaks/refunds that benefit the working class to the upper middle class.
Shermann
(9,064 posts)You'd think there'd be strong bipartisan support for this.
JustAnotherGen
(38,074 posts)That charitable tax contribution limit is tied into the 2017 Tax Scam - and we have folks in the far left of our own party that think it was fair. So sad.