Cost For Donations 2024 . For example, laura has an agi of $100,000 for 2024. What is a decent donation amount?
Company shares to a registered charity with a fair market value of $1m and an adjusted cost base of $500,000 in 2024. When you donate money to a qualifying public charity, you can deduct up to 60% of your income, alleviating your tax burden.
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