Deductions & credits

Adding itemized deductions like charitable contributions has no tax benefit until the amount of itemized deductions are greater than the standard deduction for your filing status.  For example, if you are single with a standard deduction of $12,000, and these are your only itemized deductions, you've only reduced your taxable income by $5,480. 

Once you've passed the threshold, additional itemized deductions are more valuable.

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