The best Side of charity donations deductible 2018

Under the new law, this break is limited to 60 percent of modified gross revenue for cash presents, however , you can have forward by as much as 5 years any sum that exceeds that.In sensible phrases, in a minimum, you will be able to deduct twenty% of your AGI. At a optimum, you should be able to deduct fifty%. When your donation totals less than 2

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