Opening to Expand Charitable Giving Perk May Be Next Relief Bill

April 16, 2020, 8:45 AM UTC

Nonprofit groups want Congress to expand the tax break individuals can get for donating to charities, citing the crucial role the entities are playing during the pandemic.

Calls are building for an expanded charitable giving deduction, which mean individuals could claim the perk regardless of whether they itemize their taxes. The third relief package (Public Law 116-136) made a $300 deduction available for those who claim the standard deduction. But nonprofit advocates hope the next package goes further—and the momentum to quickly dole out relief could finally push across the finish line an idea that has been on ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.