Tax Benefits: Charitable Contributions
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Tax Benefits: Charitable Contributions
Did you donate to a charity this year? If so, here’s what that could mean for your taxes. For tax year 2022, you can no longer claim the deduction for cash donations up to $300 ($600 married filing jointly) if you claim the standard deduction. If you can itemize your deductions you will still be able to claim your charitable deductions.
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