Maximum Charity Donations Tax Deduction 2024. What about other ways to maximize my charitable deduction? The finance act 2023 introduced amendments specifying that donations made by a trust or institution, excluding those towards corpus, shall be considered as application for.
The deductible portion for charitable contributions is typically capped at a maximum of 60% of your agi. Cash contributions in 2023 and 2024 can make up 60% of your agi.
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