Tax Policy Center

charitable deductions

Individual Taxes: TaxVox
In 2017 and again in 2020, Congress made deficient—but temporary—changes to the federal income tax deduction for charitable giving. By significantly increasing the standard deduction,...
March 23, 2021C. Eugene SteuerleRobert McClellandNikhita Airi
: TaxVox
While other states are considering workarounds to the Tax Cut and Jobs Act’s (TCJA) $10,000 annual limit on the federal deduction for state and local...
May 14, 2018Frank Sammartino
: TaxVox
By substantially cutting the number of taxpayers who will receive a charitable deduction, the Tax Cuts and Jobs Act (TCJA) has created an opportunity for...
February 28, 2018C. Eugene Steuerle
: TaxVox
Expect the House to approve some permanent changes in the charitable deduction this week. They include contributions of food inventory , real property for conservation purposes , and IRA distributions for charitable purposes. The measure would also allow individuals' charitable contributions made
July 15, 2014Renu Zaretsky