12/01/2020
Special $300 tax deduction for charitable donations for standard deduction taxpayers! You can deduct up to $300 of your cash donations if the donations are to qualified charitable organizations even if you don't itemized your deductions on your 2020 tax return.
The holiday season is here and nothing feels better than the gift of giving and helping those in need especially during these unprecedented times!
IR-2020-264, November 25, 2020 — The Internal Revenue Service today reminded taxpayers of a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying charities this year.