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Level 2
February 19, 2022
Question

Charitable deduction doesn't lower MAGI for 2021

  • February 19, 2022
  • 1 reply
  • 6 views

why doesn't the charitable deduction come off for the 2021 magi? It did so on 2020 form.

    1 reply

    Level 15
    February 19, 2022

    The charitable deduction is placed on a different line with respect to your AGI in 2021 when compared with 2020 so AGI is affected differently. Compare the two 1040’s. 

    garyr_7Author
    Level 2
    February 19, 2022

    I see that on the 2 forms, so asking did tax law change that it doesn't come off now for the adjusted gross income?

    Level 15
    February 19, 2022

    Exactly, tax law changed how the donation affects AGI.