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Taftchuckiii — Tue, 10 Feb 2026 09:28:37 GMT

I do not want to report my donations to receive a tax credit. Is it okay for me not to do this? One internet search led me to believe I would face criminal charges if I do not report my donations.

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xmasbaby0 — Fri, 26 Jan 2024 03:07:25 GMT

Criminal charges? You can find all kinds of nonsense on the internet. You are not required to enter itemized deductions. Charity donations have no effect on your refund or tax due unless you have enough itemized deductions to exceed your standard deduction---like mortgage interest and property taxes, medical expenses, etc. If you will be using your standard deduction you can skip entering itemized deductions.

Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund. The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach. (Only the amount that is MORE than 7.5% of your AGI counts) The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you. Under the new tax laws, some deductions have been capped—there is a $10,000 limit to the itemized deductions for state, local, property and sales taxes.

Your standard deduction lowers your taxable income. The standard deduction makes some of your income “tax free.” It is not a refund. You will see your standard or itemized deduction amount on line 12 of your 2023 Form 1040.

2023 STANDARD DEDUCTION AMOUNTS

SINGLE $13,850 (65 or older/legally blind + $1850)

MARRIED FILING SEPARATELY $13,850 (65 or older/legally blind + $1500)

MARRIED FILING JOINTLY $27,700 (65+/legally blind) ) + $1500 per spouse

HEAD OF HOUSEHOLD $20,800 (65 or older/blind) + $1850)

topic i in Deductions & credits

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