Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Shermann

(9,072 posts)
Mon Oct 3, 2022, 04:56 PM Oct 2022

Charitable 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

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Charitable contribution deduction for individuals who don't itemize (Original Post) Shermann Oct 2022 OP
Not likely JustAnotherGen Oct 2022 #1
It would benefit churches as well Shermann Oct 2022 #2
Highly doubt it JustAnotherGen Oct 2022 #3

JustAnotherGen

(38,109 posts)
1. Not likely
Mon Oct 3, 2022, 05:07 PM
Oct 2022

D.C. is intransient on any tax reform/breaks/refunds that benefit the working class to the upper middle class.

Shermann

(9,072 posts)
2. It would benefit churches as well
Mon Oct 3, 2022, 07:21 PM
Oct 2022

You'd think there'd be strong bipartisan support for this.

JustAnotherGen

(38,109 posts)
3. Highly doubt it
Tue Oct 4, 2022, 10:35 AM
Oct 2022

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.

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Tell me more...

Latest Discussions»General Discussion»Charitable contribution d...