$1,000 Charitable Deduction For the 2026 tax year, taxpayers can deduct up to $1,000 in charitable donations (cash and noncash) on their federal return, regardless of whether they itemize. For taxpayers who itemize their deductions, there is a 0.5% floor of the taxpayer’s adjusted gross income that must be surpassed in order to itemize charitable donations. This is a permanent tax law change. A second way to give: once required IRA distributions begin at age 73, a donation sent directly from your IRA to the charity (a qualified charitable distribution) counts toward the required distribution but never enters your adjusted gross income. That matters because adjusted gross income feeds other calculations — including how much of your Social Security is taxable — so a deduction taken off the top is often worth more than one taken later on the return. Ask us whether this fits your situation.

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