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Deductions & credits
There is no change for charitable contributions for 2025. Starting in 2026 you will be able to deduct up to $1,000 of cash charitable contributions ($2,000 if married filing jointly) without itemizing deductions.
Also starting in 2026, the itemized deduction for charitable contributions will be allowed only for contributions in excess of 0.5% of AGI.
a week ago
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