10/21/2026
New this year: if you take the standard deduction, you can deduct up to $1,000 in cash gifts to qualifying charities ($2,000 if married filing jointly). For a lot of households, that's a first.
Also new: if you itemize, only the part of your giving above 0.5% of your adjusted gross income counts. And C corporations now face a 1% floor on charitable deductions.
Before you write the check:
✔️ The new standard-deduction break is for cash gifts to public charities. Donor-advised funds don't qualify.
✔️ Gifts need to be made by December 31 to count for 2026.
✔️ Keep the receipt. Every time.
Depending on your situation, it can make sense to bunch gifts into one year or spread them out. That's exactly what we map out in a Q4 planning meeting.
📞 (813) 991-1120