THE 2-MINUTE RULE FOR TAX SAVINGS ON CHARITABLE DONATIONS

The 2-Minute Rule for tax savings on charitable donations

A 30% AGI ceiling also applies to non-money gifts of cash achieve house held to get a calendar year or lengthier. typically, deductible contributions that exceed a yr’s AGI ceiling, could be carried ahead for another 5 years, subject matter to applicable AGI restrictions in the year claimed. A charitable direct have faith in (CLT) is an irrevoca

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