$1,000 Charitable Deduction

For the 2026 tax year, taxpayers can deduct up to $1,000 in charitable donations (cash and noncash) on their federal return, regardless of whether they itemize. For taxpayers who itemize their deductions, there is a 0.5% floor of the taxpayer’s adjusted gross income that must be surpassed in order to itemize charitable donations. This is a permanent tax law change.