I don't itemize but can I still claim Charitable Contributions

SteveJ
SteveJ Member Posts: 1 Newcomer
edited December 2024 in Credits/Deductions

If so where is that located or is it a seperate form?

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Best Answers

  • cdkirchn22
    cdkirchn22 Member Posts: 22 Level 5
    Answer ✓

    You cannot claim charitable contributions unless you itemize. If you're over 70 1/2, you can do a qualified charitable donation which would reduce your adjusted gross income and you could still take the standard deduction.

  • IanS
    IanS FreeTaxUSA Agent Posts: 11
    Answer ✓

    Hello SteveJ!

    Charitable contributions can only be deducted from your return if you itemize your deductions. This is the general rule for most types of itemized deductions.

    For additional information, you can take a look at this IRS topic:

    https://www.irs.gov/taxtopics/tc506

Answers

  • dalew55
    dalew55 Member Posts: 1 Newcomer
    https://community.freetaxusa.com/discussion/comment/3002#Comment_3002

    I turn 70 June 14,2025, so I would be 70 1/2 on Dec. 14. Do you know if I have to wait until Dec. 14 to make the contribution or is it just the year I turn 70 1/2?

    Thank you

  • LynR
    LynR FreeTaxUSA Agent Posts: 11

    You must be 70 1/2 when the qualified charitable distribution is made. Here is a great link with info I would recommend reviewing if this is your first QCD:

    https://www.irs.gov/newsroom/qualified-charitable-distributions-allow-eligible-ira-owners-up-to-100000-in-tax-free-gifts-to-charity

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