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Charitable contributions are only deductible if you itemize deductions. Under current tax laws, only about 10% of returns are expected to itemize, generally hig
by junar 7y ago
Charitable contributions are only deductible if you itemize deductions. Under current tax laws, only about 10% of returns are expected to itemize, generally high earners.
https://www.taxpolicycenter.org/model-estimates/impact-itemized-deductions-tax-cuts-and-jobs-act-jan-2018/t18-0002-impact-number https://www.taxpolicycenter.org/model-estimates/impact-itemi...