In 2020, the deduction to individual taxpayers for charitable contributions paid in cash to public charities is limited to 10 percent of the taxpayer's AGI.

Question

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In 2020, the deduction limit for charitable contributions paid in cash to public charities was increased to 100% of the taxpayer's adjusted gross income (AGI) under the CARES Act, not 10%.

In 2020, the Deduction to Individual Taxpayers for Charitable Contributions