Tax Benefits: Charitable Contributions

Tax Benefits: Charitable Contributions

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Tax Benefits: Charitable Contributions
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Did you donate to charity this year? If so, here’s what it could mean for your taxes.

For tax year 2022, you can no longer claim the deduction for cash donations of up to $300 ($600 for married couples filing jointly) if you claim the standard deduction. If you are able to itemize your deductions, you can still claim your charitable deduction.

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