Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
Sorry if this is a repeat, which is probably is:

From Saturday's (11/21/2020) New York Times, page B5:

Under the CARES act, for 2020, you can deduct up to $300 for a CASH donation to a qualified public charity...even if you don't itemize.

Someone asked if its $600 for a Married Filing Jointly return. The answer in the article says that IRS has not given an opinion on that yet....whether the allowable $300 deduction is per filer, or per return.

"Maybe we should have a travel ban against Christian countries?"........suggested some native Americans 400 years ago.
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.