2021 Charitable Contributions Limit (Cash, Appreciated Assets AND Goodwill household items)

[edgelser2]

In 2021, with an AGI of $60,000, lets assume the following example of contributions:   

  1)  Appreciated stocks and mutual funds held more than 1 year : $18,000 to Fidelity Donor Advised Fund.   

  2)  Cash of : $7,000 to Fidelity Donor Advised Fund.

  3)  Household goods at Fair Market Value to Goodwill.  Various dates - all under $500 : $5,000 Total value.  

Appreciated assets are 30% of AGI (which I believe is the maximum).

TOTAL contribution is $30,000 or 50% of AGI.  

QUESTION:  Will the full amount of the donations, $30,000, be fully deductible with an AGI of $60,000 in 2021??  IF not, what would the limits be?? 

[Opus 17]

Try using worksheet 2 at the back of IRS publication 526.  Use the 2019 version of pub 526, since the 2020 version includes the 100% limit for certain contributions that was only for 2020, and the 2021 publication is not released yet.

https://www.irs.gov/pub/irs-prior/p526--2019.pdf