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Question

What is the new charitable giving tax deduction floor for 2026?

Answer

Starting in 2026, itemizers can deduct charitable contributions only to the extent they exceed 0.5% of adjusted gross income (AGI). If your AGI is $400,000, the first $2,000 of giving isn’t deductible. Only contributions above that threshold count.

Related FAQs

Should I bunch my charitable donations?

Is a qualified charitable distribution still worth it under the new rules?

Should I leave my IRA to charity instead of to my children?
Tax Planning Financial Planning Charitable Giving Impact of New Laws Tax Basics Tax Tips & Tricks OBBBA Protecting Your Legacy Year-Round Tax Planning FAQs
Last Updated Sept. 8, 2026
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