Brennanhill
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Hi ThomasM125 -This definitely was the answer. The important note being that anything that appreciates in value is capped at 30%. These items were inherited so ...
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Thanks for the response, however I'm still confused. Last year I had a very similar financial situation where I donated a large amount to those same charities a...
Activity Feed for Brennanhill
- Posted Re: Why are my charitable donations deductions being capped at 30% of AGI when the charity I am d... on Deductions & credits. March 27, 2025 6:37 PM
- Cheered Re: Why are my charitable donations deductions being capped at 30% of AGI when the charity I am d... for ThomasM125. March 27, 2025 6:35 PM
- Posted Re: Why are my charitable donations deductions being capped at 30% of AGI when the charity I am donating to is not one of the 30% charities? on Deductions & credits. March 27, 2025 1:37 PM
- Posted Why are my charitable donations deductions being capped at 30% of AGI when the charity I am donating to is not one of the 30% charities? on Deductions & credits. March 27, 2025 3:10 AM