Charitable Deduction Limitation Calculator
Calculate AGI percentage limits for charitable donations.
AGI Percentage Limits
| Recipient Type | Cash | Ordinary Property | Appreciated Property |
|---|---|---|---|
| Public Charity | 60% | 50% | 30% |
| Private Foundation | 30% | 20% | 20% |
| Private Operating | 50% | 30% | 30% |
Deduction Calculation
| Donation Type | Amount | AGI Limit | Allowed | Excess |
|---|---|---|---|---|
| Cash | $ 50000 | $ 120000 | $ 50000 | $ 0 |
| Ordinary Property | $ 20000 | $ 100000 | $ 20000 | $ 0 |
| Appreciated Property | $ 30000 | $ 60000 | $ 30000 | $ 0 |
| Total | $ 100000 | $ 100000 | $ 0 |
Tax Impact
AGI:$ 200000
Total Allowed:$ 100000
Tax Savings:$ 24000
Carryforward:$ 0
Future Benefit:$ 0
AGI After:$ 100000
Recommendation
All donations deductible this year. Total: $100000. Cash: $50000, Property: $20000, Appreciated: $30000. Tax savings: $24000. No carryforward needed. Appreciated property donation avoids capital gains tax and provides deduction. Consider donating appreciated stock instead of cash.
Charitable Deduction Key Points
- Public charity: 60% AGI for cash
- Private foundation: 30% AGI for cash
- Appreciated property: 30% AGI limit
- Bypass capital gains on appreciated gifts
- 5-year carryforward for excess
- 30%/50% combined limit rule
- Qualified appraisal for property >$5,000
- Form 8283 for non-cash donations
- Document all donations carefully
- Consider bunching strategy