08/27/2026
If you take the standard deduction on your taxes, your charitable giving is getting a new tax benefit in 2026! 🤝🧾
Under the new "One Big Beautiful Bill" (OBBB) tax law, taxpayers who don't itemize will soon be able to deduct up to $1,000 (single) or $2,000 (joint) for cash donations to public charities.
This is an "above-the-line" deduction, which means it directly lowers your Adjusted Gross Income! But before you write a check, there are a few important rules to know—including why Donor-Advised Funds and property donations don't qualify.
Check out our newest blog post for all the details: 👇https://www.thorwealthmanagement.com/obbb-charitable-deduction-non-itemizers-2026/
Discover how the One Big Beautiful Bill (OBBB) creates a new above-the-line charitable deduction for non-itemizers starting in the 2026 tax year.