There are contribution limits to certain types of organizations. It can benefit you to limit your deduction cost basis because some donations are limited to 30% of your AGI and some to 60%. Limiting your donation can change that percentage which can actually result in a larger donation credit for you.
If you think that this applies to you then you have some homework to do. First, you have to figure out what category of organization you are donating to -there are 50% organizations and 60% organizations. Check that information out here.
Then you have to figure out whether there is any benefit to limiting your deduction. You can read up on that here.
@jimmys1
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
