We have exciting news to share that makes supporting the causes you care about even more rewarding. Starting in tax year 2026, a new tax provision allows individuals to claim an above-the-line charitable deduction even if they plan to itemize.
Under the new tax rules, single filers can deduct up to $1,000, and married couples filing jointly can deduct up to $2,000 for cash donations. Because this is an “above-the-line” deduction, it reduces your Adjusted Gross Income (AGI) directly, meaning you get the tax write-off regardless of your itemizing status.
What you need to know to qualify:
- Cash Donations Only: The deduction applies to gifts made via cash, check, credit card or electronic funds transfer.
- Qualified Charities: Donations must go directly to operating 501(c)(3) nonprofits. Contributions to donor-advised funds (DAFs) or private foundations do not qualify for this specific top-line deduction.
- Keep Good Records: As always, keep your bank records or receipts. For any single donation of $250 or more, a written acknowledgment from the charity is required.
Your generosity directly impacts our community, and we are thrilled that the tax code is making it easier for everyday donors to see financial benefit from their kindness. If you have been waiting for the right time to step up your support, your giving will go even further this year.