I'm looking to see if any other FreeTaxUSA users are looking at the new floor on charitable donations. Starting in the 2026 tax year itemizers who make charitable contributions will only be able to claim a tax deduction to the extent that their qualified contributions exceed 0.5% of their adjusted gross income (AGI). My…
This is my first year using Free Tax USA and I had a question about how to enter my charitable donations. In the past I've used TurboTax and been able to enter multiple items into one donation. Is there a way to do that with Free Tax USA or do I have to enter each item individually? Also I definitely don't have any of the…
I think I am on the border of two tax brackets. I have heard that, in some cases, you can lower your tax burden and shift into a lower tax bracket if you donate sufficiently to charity. Is there an easy way to calculate that possibility? Thanks, Valeria
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