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Level 1
June 1, 2019
Question

I entered my charity amounts and information but my tax due amount did not decrease. Any reason as to why this did not happen?

  • June 1, 2019
  • 1 reply
  • 2 views
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1 reply

Carl
Level 11
Level 11
June 1, 2019

Until the total of all of your SCH A itemized deductions exceeds your standard deduction, those itemized deductions have no impact on your tax liability.

Standard Deduction
Single - $12,000
Married Filing Separate - $12,000
Head of Household - $18,000
Married Filing Joint - $24,000

Additionally, itemized deductions for SALT (State And Local Taxes) is limited to a maximum of $10K ($5K if married filing seperate.)