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Please Note: The Charitable Giving Incentives in CARES Act, 2020 allows all taxpayers to claim up to $300 on their 2020 return without itemizing. In addition, in 2020, individuals who do itemize can deduct up to 100% of Adjusted Gross Income, and corporations can deduct 25%.
Please Note: The Charitable Giving Incentives in CARES Act, 2020 allows all taxpayers to claim up to $300 on their 2020 return without itemizing. In addition, in 2020, individuals who do itemize can deduct up to 100% of Adjusted Gross Income, and corporations can deduct 25%.
Please Note: The Charitable Giving Incentives in CARES Act, 2020 allows all taxpayers to claim up to $300 on their 2020 return without itemizing. In addition, in 2020, individuals who do itemize can deduct up to 100% of Adjusted Gross Income, and corporations can deduct 25%.