Financial Wellness

TAX CALCULATOR: Charitable Giving in 2021


Generous Charitable Giving Can Be Part of Your Financial Strategy With 2021 Tax Deductions | HealthDiscovery.org

Did you know the “charitable giving” deduction was increased for 2021? Itemizers can elect 100% (vs. 60%) of their adjusted gross income. Non-itemizers who take the standard deduction (also slightly higher than last year) are allowed an additional $300 (single/married filing separately), or $600 for married filing jointly.* This is a win-win for the generous at heart!

Save with Fidelity’s Charitable Giving Tax Savings Calculator >>

*Corporate Synergies is not engaged in the practice of tax accounting. You should always seek the advice of a professional tax accountant.
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