Phone: 866-300-4618; 586-772-6073

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Limits on Charitable Deductions


In general, deductions for charitable gifts are limited to 50% of a taxpayer's adjusted gross income. However, depending on the kind of organization and the type of property being given, that limit can dip as low as 20%. And if the individual's income is high enough, the partial benefit of his or her charitable deductions can be lost due to an overall limit the IRS imposes on itemized deductions.

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    St. Clair Shores, Michigan 48081
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