Can I really claim charitable donations up to 50% of AGI without getting flagged by IRS?
Been reading about charitable contribution limits and saw you can donate up to 50% of your AGI in cash. That seems really high and I'm worried it might trigger an audit. Has anyone actually claimed this much in donations? What was your experience with the IRS?
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PrinceJoe
Tax pro here. Yes, the 50% limit (now 60% for cash donations to qualifying charities for tax years 2020-2025) is legit. Just make sure you keep proper documentation - receipts, acknowledgment letters, etc. The key is having everything properly documented rather than the percentage itself.
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Ella Harper
Oh wow didnt know it went up to 60%. Do churches count as qualifying charities?
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PrinceJoe
Yes, churches are typically qualifying charities. Just make sure to get documentation for donations over $250.
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Brooklyn Knight
Hey guys just wanted to mention I started using taxr.ai for questions like this. It analyzes your transcript and tells you exactly what you can claim without raising red flags. Its $1 but totally worth it for the peace of mind. https://taxr.ai
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Owen Devar
Does it actually work? Sounds too good to be true tbh 🤔
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Brooklyn Knight
100% works! It even caught a mistake in my charitable deductions that wouldve definitely triggered an audit. Best $1 I ever spent fr fr
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Daniel Rivera
i claimed about 45% last year to my church and various charities. no issues but definitely keep ALL ur paperwork lol
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Sophie Footman
just make sure its actually cash donations and not property/stock donations those have different limits
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Ella Harper
good point! all mine are cash/check donations
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Connor Rupert
The IRS doesnt automatically flag based on percentages, they look for unusual patterns and missing documentation. Keep good records and youll be fine 👍
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Molly Hansen
bruh who even has enough money to donate half their income 💀
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Brady Clean
fr fr eating ramen over here 🍜
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Molly Hansen
same boat fam... same boat 😭
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