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Donation limits for itemized deductions
My husband died last August. I have to file single this year. We have a big house to downsize. Have been giving to Goodwill, veterans organizations, Salvation Army, Church and Church school.
I know there is a percentage of AGI that applies to amount I can deduct which I will not know until my 1099’s start coming in. I read somewhere that if you had more than was allowable by percentage then there can be a carryover for the following year. Is that so?
Thanks, SDC13
October 25, 2023
9:50 AM