10/13/2026
As a reminder, the 2026 tax year offers more options (and limits) for deducting your charitable contributions at the federal level, whether you itemize or not. Rachael Dooley just wrote an article about these tax changes. Specifically, nonitemizers can get an annual federal deduction of $1,000 for individuals ($2,000 for those married filing jointly) for their qualified charitable contributions.
For itemizers and corporations, there are new limits on charitable deductions. Seek guidance from your tax advisor for proper calculation of charitable deductions under the new law.
View our full article for more information.
Many changes after OBBBA affect the deductibility of charitable contributions and are effective for tax years beginning after December 31, 2025. Plan ahead with these details.