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Old 03-22-2009, 10:12 AM
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Maximum/Minium Contribution

Is there a maximum charitable tax contribution limit?



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Old 03-22-2009, 02:16 PM
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There is no maximum charitable contribution limit as such, but, the amount that a taxpayer is allowed to deduct on their individual tax return is limited to 50% of the taxpayers adjusted gross income. Any amounts that exceed this limit are then carried over to future years where again the taxpayer would be subject to the same 50% of the taxpayers adjusted gross income limitation rules.

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