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Deductions & credits
The "the $200 charitable deduction" is no longer available (you cannot claim it on your 2022 tax return).
The "above the line" deduction (technically adjustment to income) was a temporary Covid era thing.
Charitable contributions can now only be claimed as an itemized deduction.
If you're over age 70.5, making an charitable contribution from your IRA is a tax advantaged option ("Qualified Charitable Distribution" [QCD]), for the future (too late to do it for 2022).
January 22, 2023
7:18 AM
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