ErnieS0
Expert Alumni

Deductions & credits

$9,000 is less than the standard deduction for single, head of household, or married filing jointly so none of your income would be taxable before counting any charitable deduction. 

 

You would get back all the federal tax that was withheld on your W-2 plus any applicable refundable credits, such as an education credit, if you were a student.

 

Your deduction for charitable contributions generally can't be more than 60% of your AGI, but in some cases, 20%, 30%, or 50% limits may apply.

 

If you donated $16,000, $5,400 would be applied against your taxes this year (even though you get no benefit from the deduction) and $10,600 would be carried over to next year. In other words, you lost $5,400 in deductions.

 

@Highgood4all 

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