Tag: tax_year_2026
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IRS Says Charitable Deduction for Non-Itemizers Is Permanent, Starting With 2026 Returns
Taxpayers who claim the standard deduction can deduct up to $1,000 in qualifying cash gifts, or $2,000 for married couples filing jointly, on returns filed next year.
Politics and GovernmentBusinessFederal GovernmentEconomyLegalSocial Issues Internal Revenue Servicecharitable contribution deductionWorking Families Tax Cutsstandard deductionFrank J. Bisignanotax year 2026recordkeepingPublication 6196