NOT KNOWN FACTUAL STATEMENTS ABOUT HOW MUCH DO DONATIONS SAVE ON TAXES

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A thirty% AGI ceiling also applies to non-dollars presents of money attain residence held for a year or for a longer time. normally, deductible contributions that exceed a 12 months’s AGI ceiling, may be carried forward for the following 5 years, matter to applicable AGI limitations from the yr claimed. Be aware: This deduction is not available