It only applied to cash donations to charity made in 2020 or 2021. Related: Why Shrinking Inflation Could Be the Best ...

That provision expired at the end of 2021, but there’s a move in Congress to bring it back. A bipartisan group of 11 senators recently proposed restoring the charitable contribution deduction ...

During the pandemic, Congress temporarily expanded tax deductions for very large and very small charitable donations, but ...

That means you'll need to itemize deductions to deduct your charitable donations. However, if your standard deduction is a bit higher than your itemized deductions, you may want to consider ...

Here's more on what kind of donations are tax-deductible, and how to claim a deduction for charitable contributions. Many, or all, of the products featured on this page are from our advertising ...

To get any tax benefit from your donations in 2021, your total itemized deductions for the year, including charitable gifts, must exceed $12,550 for individuals and $25,100 for married filers.

Ask the Hammer: Do I Need to Keep Track Of My Medical Expenses and Charitable Contributions If I Use the Standard Deduction? Jeffrey Levine, chief planning officer at Buckingham Wealth Partners ...