Franke Tax
contributions to public charities as a deduction for AGI (i.e., an above-the-line deduction) in 2020. Consequently, a taxpayer choosing to take the standard deduction in 2020 (e.g., $12,400 for single, $18,650 for head of households or $24,800 for joint filers) effectively increases this amount by $300 by making $300 of charitable contributions. ................
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