Are Charitable Donations Still Tax-Deductible? Yes, and Donating Crypto is a Good Idea
Yes, but only if you itemize, and your itemizations are greater than the standard deductions: The 2022 standard deduction applies to all taxpayers: Single taxpayers and married individuals filing separately: $12,950 Married individuals filing jointly: $25,900 In order to deduct charitable contributions and other eligible expenses, you’ll need to itemize instead of taking the standard …