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Deductions & credits
@rmgbhg wrote:
Can contributions I made to my church this year (2020) be the $300 charitable deduction under the CARES Act?
You can deduct up to $300 of charitable donations as an adjustment to income on the 2020 Form 1040 Line 10b.
If you don't itemize deductions on Schedule A (Form 1040), you (or you and your spouse if filing jointly) can take a charitable deduction of up to $300 for cash contributions made in 2020 to organizations that are religious, charitable, educational, scientific, or literary in purpose.
‎November 29, 2020
2:12 PM