You'll need to sign in or create an account to connect with an expert.
No! Deductions are reported on Schedule A Itemized Deductions and reduce your Taxable Income but not your Gross Income nor your Adjusted Gross Income.
Charitable donations are reported if you Itemize Deductions (As opposed to using the so-called Standard Deduction - Single @ $6,300. heads of household @ $9,300, and married couples filing jointly.$9,300). If you do not itemize, it would not matter.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Cris
Level 3
tdsmithtn
Level 1
Jeanne1414
New Member
Regedinkel
Returning Member
curt-carden
New Member