Starting with the 2026 tax year, the rules for deducting charitable gifts changed in ways that affect almost everyone who gives.
If you take the standard deduction
Most people don't itemize, which meant their donations produced no tax benefit. Beginning in 2026, non-itemizers can deduct cash gifts to qualifying charities up to $1,000 for single filers and $2,000 for married couples filing jointly. Gifts to donor-advised funds generally don't qualify for this deduction.
If you itemize
- A new floor. Only charitable contributions above 0.5% of your adjusted gross income are deductible.
- A cap on the benefit for top earners. For taxpayers in the highest bracket, the tax value of itemized deductions is limited.
Strategies worth considering
Bunching
Instead of giving the same amount every year, some donors combine two or more years of gifts into one year so they clear the floor and exceed the standard deduction, then take the standard deduction in off years.
Donor-advised funds
A donor-advised fund lets you make a large deductible contribution in one year and recommend grants to charities over time.
Giving appreciated stock
Donating long-term appreciated investments can let you deduct the fair market value and avoid capital gains tax on the appreciation.
Qualified charitable distributions
If you're 70½ or older, giving directly from your IRA can satisfy required distributions without adding to your taxable income.
Keep good records
For any single gift of $250 or more, you need a written acknowledgment from the charity. Noncash gifts have additional rules.
The best strategy depends on your income, age and giving goals. Let's plan it together as part of year-end tax planning.
This article is general information, current as of September 2026, and is not tax, legal or financial advice for your situation. Tax rules change often. Talk with us before acting on anything here.