[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303487-105":53,"doc-detail-303487-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","tis-the-season-for-charitable-giving-and-tax-deductions","‘Tis the Season for Charitable Giving and Tax Deductions","","Holiday planning for charitable contributions explains when a U.S. taxpayer may claim a charitable giving tax deduction under IRS rules. It distinguishes itemized versus standard deductions and summarizes 2019 standard deduction amounts by filing status. The guidance covers limits based on contribution type and organization, eligibility requirements such as 501(c)(3) status, and timing before year-end. It also outlines cash and non-cash deduction rules, valuation considerations, and common restrictions affecting crowdfunding, politics, and certain entities.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/tis-the-season-for-charitable-giving-and-tax-deductions/303487/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/tis-the-season-for-charitable-giving-and-tax-deductions/303487.png","ImageObject",442,249,{"name":88,"@type":89},"Xiajie","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-20","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":9},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"When can you claim a charitable contribution tax deduction?","Question",{"text":108,"@type":109},"You can claim it only if you itemize your deductions. If you take the standard deduction, you do not receive the charitable contribution tax deduction.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What organization types are generally deductible for charitable donations?",{"text":113,"@type":109},"Donations to 501(c)(3) public charities or private foundations are generally deductible. Gifts benefiting specific individuals, political parties/campaigns, and certain other entities are not tax deductible.",{"name":115,"@type":106,"acceptedAnswer":116},"How do IRS percentage limits affect your charitable deduction amount?",{"text":117,"@type":109},"Your deduction can be limited to percentages of adjusted gross income (AGI), commonly up to 60% for many charitable deductions, with some types further limited to 30% or 20%. Your total AGI is important for determining the deductible amount.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},303487,1789804101,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":9,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":47,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":125,"read_time":73},8814010472675,"https://avatar.qwps.com/avatar/WGlhamll","TAX AND WEALTH ADVISOR ALERT: ‘TIS THE SEASON FOR CHARITABLE GIVING AND TAX DEDUCTIONS  \nAs we enter the holiday season and focus on what we are most thankful for, many of us will begin planning for our annual charitable contributions. While tax benefits are not the primary reason behind most giving—giving back is its own reward—the IRS has established these tax benefits to encourage charitable giving. This year, as you begin making decisions about your gifting, make sure you understand and consider the recent changes under tax reform so you can stay on the nice list and get the most out of your charitable giving tax deduction!  \nStandard or Itemized Deductions  \nA common thought with charitable giving is that you can take a charitable contribution deduction for the full amount of your donation and directly offset your income. This thought will get you on the naughty list! You can only receive a charitable donation tax deduction if you “itemized” your deductions. You will not receive a charitable donation tax deduction if you take the “standard deduction.”  \nThe Tax Code allows you to subtract a standard deduction based on your filing status or subtract your total itemized deductions—whichever is greater. For 2019, the standard deduction will be $12,200 for single taxpayers, $18,350 for heads of households, $24,400 for joint filers, and $12,200 each for married couples filing separately. Allowable itemized deductions, sometimes subject to limits, include such expenses as mortgage interest, charitable contributions, state and local taxes and medical expenses. Look at the following example. If you are a single taxpayer, and the sum of your itemized deductions (contributions included) do not exceed $12,200, you will take the standard deduction over the itemized deduction. In this scenario, you will technically not receive a tax deduction for your charitable contribution.  \nBefore the new Tax Cuts and Jobs Act, the standard deduction for each filing status was about the half the amount that it is for 2019. The increase in the standard deduction makes itemizing a difficult hurdle to jump, and many may now find it harder to itemize and take advantage of the charitable contribution deduction.  \nHowever, if you can itemize, the allowable charitable contribution deduction will depend on the type of contribution made (i.e. , of cash, securities, property, etc.), as well as the type of organization to which the donation was made. While most charitable deductions are limited to 60% of your adjusted gross income (AGI), some are limited further—to 30% or, in some cases, even 20% . Therefore, your total AGI is an important consideration if you plan to benefit from a charitable donation deduction.  \nIn short, at a minimum, you will be able to deduct 20% of your AGI. At a maximum, you will be able to deduct 60% . If you made charitable contributions during the year, and one or more limits described below apply, you can use the IRS’s Worksheet 2 to help compute your deduction.  \nEligible Donations  \nBefore understanding the deduction limitations for each type of charitable contribution, it is important that your charitable contribution be eligible to claim as an itemized deduction.  \nOnly donations to 501(c)(3) public charities or private foundations are generally deductible as qualified charitable donations. Of note, gifts given to benefit specific individuals are not deductible, which includes most online crowdfunding websites. Moreover, gifts made to political parties, political campaigns, political action committees, labor unions, chambers of commerce, business associations, for-profit schools or hospitals and foreign governments are also not tax deductible.  \nAdditionally, gifts to donor-advised funds, a recently popular vehicle for gift giving, have further eligibility restrictions which should be evaluated before funding. The IRS offers a search tool (Tax Exempt Organization Search) so you can confirm the 501(c)(3) status of an organization you are consi","cbCaibzncmV5qOnQ","https://ap.wps.com/l/cbCaibzncmV5qOnQ","pdf",78326,"English","# Standard or Itemized Deductions\n## Eligible Donations\n# Charitable Gifts of Cash\n# Charitable Gifts of Non-Cash Items","[{\"question\":\"When can you claim a charitable contribution tax deduction?\",\"answer\":\"You can claim it only if you itemize your deductions. If you take the standard deduction, you do not receive the charitable contribution tax deduction.\"},{\"question\":\"What organization types are generally deductible for charitable donations?\",\"answer\":\"Donations to 501(c)(3) public charities or private foundations are generally deductible. Gifts benefiting specific individuals, political parties/campaigns, and certain other entities are not tax deductible.\"},{\"question\":\"How do IRS percentage limits affect your charitable deduction amount?\",\"answer\":\"Your deduction can be limited to percentages of adjusted gross income (AGI), commonly up to 60% for many charitable deductions, with some types further limited to 30% or 20%. Your total AGI is important for determining the deductible amount.\"}]","‘Tis the Season for Charitable Giving and Tax Deductions | PDF"]