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February 22, 2025
Question

charitable deductions

  • February 22, 2025
  • 0 replies
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I thought the IRS limited charitable cash contributions to 60% of adj. gross income and non cash contributions to 30% of AGI.  Are the two additive? Turbo tax is limiting my total contributions to about 60% of my 2024 AGI.  It does not appear to be giving any deduction for my non cash contributions which are sizable. What is the reason?