4 ms·
Charitable contribution deductions are limited to 20-50% of income (depending on type of charity you are donating to). You can "carryover" deductions from char
by callmeal 10y ago
Charitable contribution deductions are limited to 20-50% of income (depending on type of charity you are donating to).
You can "carryover" deductions from charitable contributions that you are not able to use up in the current year for up to 5-15 years.
https://www.taxslayer.com/support/530/charitable-contribution-carryover https://www.taxslayer.com/support/530/charitable-contributio...