Donate to Charity and Cut Your Tax Bill

There are still ways to donate and cut your tax bill. We give you four.

(Image credit: fstop123)

UPDATE: The CARES Act creates a new "above-the-line" deduction for up to $300 of charitable cash contributions in 2020. This write-off is only available to people who take the standard deduction. The law also suspended the 60%-of-AGI limit on cash donations to charity for people who itemize. For more information, see CARES Act Expands Tax Deductions for Charitable Giving .

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Rocky Mengle

Rocky Mengle was a Senior Tax Editor for Kiplinger from October 2018 to January 2023 with more than 20 years of experience covering federal and state tax developments. Before coming to Kiplinger, Rocky worked for Wolters Kluwer Tax & Accounting, and Kleinrock Publishing, where he provided breaking news and guidance for CPAs, tax attorneys, and other tax professionals. He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky holds a law degree from the University of Connecticut and a B.A. in History from Salisbury University.