Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and $24,800 for married couples filing jointly. But this year, you can get a charitable deduction even if you don’t itemize. Read on to learn more.
I am a prior owner of Amen, Gantner & Capriano, Your Estate Matters, L.L.C., retired from practicing law as of June 1, 2022. I still work part time for the firm as support and tax preparation Read More!
Latest posts by Charlie Amen (see all)
- The SECURE Act – the Gift That Keeps On Giving - October 12, 2023
- A Real-Life Look at the Application of the Slayer Statute - October 5, 2023
- Gen X – This One’s for You (Really Every Generation Should Read This) - September 27, 2023
