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To what does Type C -50% type charity/100% donation apply?

charblaney
Level 1
Smart Worksheet for Cash contributions . Does this relate to the CARES Act and the 100% of AGI limitation for deductions, or is this for Qualified Disaster Relief contributions?
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1 Comment 1
qbteachmt
Level 15

Are you asking about CAA?

"The Consolidated Appropriations Act, 2021 (the CAA), signed into law on December 28, 2020, maintains and expands the charitable contribution incentives originally enacted by the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act)."

https://rsmus.com/what-we-do/services/tax/private-client/estate-and-gift-planning/enhanced-charitabl...

https://www.cpajournal.com/2021/06/04/charitable-contribution-benefits-extended-by-the-consolidated-...

https://www.schwabe.com/newsroom-publications-extension-of-charitable-giving-benefits-under-the-care...

 

 

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