Ordinarily, people who elect to take the standard deduction are unable to assert a deduction for his or her charitable contributions. The regulation now permits these people to assert a limited deduction on their own 2021 federal income tax returns for cash contributions built to particular qualifying charitable corporations. NerdWallet strives to
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virtually nine in ten taxpayers now get the normal deduction and could likely qualify to claim a limited deduction for hard cash contributions. specific corporations with Canadian addresses shown could possibly be overseas organizations to which contributions are deductible only due to tax treaty. Other than remaining subject to the general restr