TaxGuided
United States IRC sections

Statute section

IRC section 170

Charitable, etc., contributions and gifts

Country

United States

Section

170

Updated

2026-05-20

Operative text

Section 170 allows itemized deductions for contributions to qualifying charitable organizations subject to percentage-of-AGI limitations. Cash contributions to public charities are generally deductible up to 60 percent of AGI; contributions of capital-gain property up to 30 percent of AGI; private foundation contributions subject to lower limits.

Amendment history

2017-12-22

Pub. L. 115-97

TCJA increased the public-charity cash contribution limit from 50 percent to 60 percent of AGI through 2025.

Cross-references

26 U.S.C. 50126 U.S.C. 4940

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