asked 183k views
1 vote
Which types of donations can be capped or limited by law

asked
User Windel
by
8.1k points

1 Answer

3 votes

Not everyone is eligible for deducting their donations or charital contributions. This donations must be qualified in order to be deducted. The donations that are limited by law are: political contributions, non cash contributions (there are a few that apply), donations that exceed 50% of your ajusted gross income (AGI).

answered
User Faraz Kelhini
by
8.0k points
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