The 2021 Charitable Donation Maximum Deduction is $600 for Married Filing Jointly & $300 for Other Filers I wanted to provide a PSA reminder to all as the 2021 calendar and tax year quickly come to a close – the new universal charitable tax deduction for cash donations that was authorized for all tax filers (not just itemizers) last year was renewed for 2021 and increased for “married filing jointly” filers to $600 and from $150 to $300 for “married filing separately” filers. In order to claim the deduction, you must get your cash donations in by the end of...
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[Read the rest of the story at 20somethingfinance.com]