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$300 Tax Charitable Donations cap.
According to an article by Michelle Singletary of the Washington Post, married couples filing jointly should each receive the $300 charitable deductions cap. She was quoting a comment received from an IRS person. This should apply to us because we gave significantly more than the total $600 to eligible charities but only got one $300 deduction. Is this a problem with Turbo Tax?
March 12, 2021
5:18 PM