Here’s what HIVE AI had to say about “What new charitable contribution deduction rules apply in 2026?”:
New charitable contribution deduction rules that apply in 2026
Individual taxpayers (Form 1040)
- New/returned “non-itemizer” charitable deduction: Beginning with tax year 2026, if you don’t itemize deductions, you can still deduct up to $1,000 ($2,000 if married filing jointly) of cash contributions to certain qualified organizations. This is effective for taxable years beginning after December 31, 2025.
C corporations
- 1% “floor” on corporate charitable contribution deductions: for tax years beginning after December 31, 2025, corporate charitable contribution deductions are subject to a 1% floor rule, with special carryforward mechanics for amounts disallowed by the floor and coordination with NOLs.
Sources
1 – One Big Beautiful Bill Act Sec. 70424. Permanent and expanded reinstatement of partial deduction for charitable contributions of individuals who do not elect to itemize
2 – One Big Beautiful Bill Act Sec. 70426. 1-percent floor on deduction of charitable contributions made by corporations
3 – Topic no. 506, Charitable contributions
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