How do I do a cash contribution of 100% of AGI with a Donor Advised Fund - TY2021

[Reggie777]

Hi,  I am trying to plan for tax decisions that I have to make by Dec.31st, 2020.  I would like to donate 100% of my income to charity using a Donor Advised Fund (which I have been told is limited to 60%).  Can I donate 60% via the DAF and the other 40% directly to other charities?  Am I correct that the 100% giving limit is still in effect for 2021?

In case more info is needed:  I have an unusually skewed income this year that I can divide between 2021 and 2022.  I am trying to take most of it this year and offset it by giving it to charity.  I don't want to give it all to charity and then find when I file that I owe tax on 40% of 130k.  I am using a DAF so that I can take my time in choosing charities to give to.  My income in 2022 will be very low and I will not be itemizing.  Thank you so much for help!

[Critter-3]

https://www.irs.gov/newsroom/expanded-tax-benefits-help-individuals-and-businesses-give-to-charity-d...

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

[Reggie777]

Thank you for your reply.  I had already read through these IRS pubs, but I am not a tax specialist so I was still unsure.  I was hoping that someone maybe had some personal experience with my scenario of donating 100% of AGI using a Donor Advised Fund for a portion of it.  Thank you again.

[fanfare]

"The law now permits electing individuals to apply an increased limit ("Increased Individual Limit"), up to 100% of their AGI, for qualified contributions made during calendar-year 2021. Qualified contributions are contributions made in cash to qualifying charitable organizations."

" Keep in mind that an individual's other allowed charitable contribution deductions reduce the maximum amount allowed under this [  ("Increased Individual Limit")]. "

One strategy : avoid the DAF completely.

Disclaimer: I have no experience in this area.