TaxGuyBill
Level 15
11-18-2020
09:15 PM
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Unless I missed it, there is no indication that Joint filers can use $600
The CARES Act seems a bit murky in this regard and just said $300. From what I remember, I think I read that the congressional notes ("blue book") says $300 on a Joint tax return. So unless the IRS clarifies it, it is limited to $300 per tax return.
Many charitable organizations are claiming that $600 is deductible for joint return because they want larger contributions. But as far as I know, there is no indication from Congress or the IRS that $600 is allowed.