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End of Year Giving - 2021 Tax Benefit

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(@salukisideline)
Charlotte West Stadium Poster
Joined: 6 years ago
Posts: 22
Topic starter  

With the year coming to a close - I wanted to share a 2021 tax benefit available to those who do not itemize deductions. This benefit allows those taxpayers to deduct $300 individual/$600 married for charitable contributions made in 2021 (must be made by 12/31)

Essentially - you can donate $300/$600 and receive a dollar for dollar tax benefit.

You can go to https://salukifunder.siu.edu/project/22519/donate  to donate directly to Men’s Basketball.

Tax Information:

https://www.irs.gov/newsroom/expanded-tax-benefits-help-individuals-and-businesses-give-to-charity-in-2021


   
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