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aiag1917
New Member

what's the max deduction to a church? it was $500 is it still this amount?

 
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2 Replies

what's the max deduction to a church? it was $500 is it still this amount?

There is no maximum gift to charity.  If your total gifts are more than 20%, 30% or 60% of your income (depending on the type of charity) there may be a limitation requiring you to carry forward part of the deduction to next year.  But that situation is uncommon.

JohnB5677
Employee Tax Expert

what's the max deduction to a church? it was $500 is it still this amount?

Yes, there are limitations, but they are more flexible than a flat amount.

  • There is a limit to how much money you can deduct for church donations. It's usually 60% of your adjusted gross income (AGI).
  • Donations of property or appreciated assets are usually limited to 30% of AGI.
  • Amounts exceeding these limits can be carried forward for up to five years
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