Extending the Charitable Deduction Beyond the COVID-19 Pandemic
Tax Notes Federal, Vol. 167, No. 3, pp. 463-464, April 20, 2020
4 Pages Posted: 4 Jun 2020 Last revised: 30 Jul 2020
Date Written: May 1, 2020
While the importance of the charitable deduction decreased in the 2017 tax reform, it has returned during the COVID-19 pandemic with the CARES Act. This Article lays out the reasons that the limited above-the-line charitable deduction authorized by Congress during the coronavirus pandemic should remain a permanent feature of U.S. tax law.
Keywords: COVID-19, coronavirus, pandemic, CARES Act, charitable deduction, charitable giving
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