EPISODE · Dec 15, 2020 · 6 MIN
Most taxpayers can deduct up to $300 in charitable contributions without itemizing deductions
from Tax & Current Accounting Topics
Most taxpayers can deduct up to $300 in charitable contributions without itemizing deductions https://www.irs.gov/newsroom/most-tax... https://accountinginstruction.info/ COVID Tax Tip 2020-170, December 14, 2020 Following tax law changes, cash donations of up to $300 made this year by December 31, 2020 are now deductible without having to itemize when people file their taxes in 2021.
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Most taxpayers can deduct up to $300 in charitable contributions without itemizing deductions
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