For the Love of Your Family

Q&A How much can I write off on my 2021 income taxes for charitable donations?

Clarifying Questions

Q & A:

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Q: How much can I write off on my 2021 income taxes for charitable donations if I don’t itemize?


-Tax Filer

 

ANSWER

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A: Dear Filer:

 

To increase charitable giving during the pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act allowed for up to a $300 deduction per tax return for charitable donations in 2020, even for those taxpayers who don’t itemize. For 2021, this benefit expanded to up to $300 per person. 

 

This means that in 2021 single filers may claim a tax break for charitable donations up to $300, while married couples filing jointly are eligible for up to a $600 deduction, even if you take the standard deduction, which increased to $12,550 for single filers and $25,100 for joint filers in 2021. 

 

This is just one tax break available this year—there are plenty of other deductions and credits that might be up for grabs depending on your situation. Your Personal Family Lawyer® will make sure you don’t miss out on a single one. 

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