An unused charitable contribution deduction may be carried forward five years.

Question

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An unused charitable contribution deduction can be carried forward for up to five years on a taxpayer's tax return. This means that if a taxpayer makes a charitable contribution in excess of the deduction limit in one year, they can carry forward the remaining amount of the deduction and use it in a future tax year, up to five years from the original contribution.

An Unused Charitable Contribution Deduction May Be Carried Forward Five