2026 Tax Changes Affect Charitable Giving

2026-tax-changes-affect-charitable-giving

ADRIAN — The Lenawee Community Foundation is reminding residents that several charitable tax rules changed at the start of 2026.

Foundation officials say the updates could affect how donors plan their giving this year. Under the new rules, taxpayers who itemize can only deduct charitable contributions that exceed one-half percent of their adjusted gross income. The value of those deductions is also capped at a 35-percent tax rate.

However, the changes also include a new deduction for people who do not itemize. Single filers may claim up to one-thousand dollars in cash donations to qualified charities, while married couples filing jointly may claim up to two-thousand dollars.

The foundation says retirees may also benefit from Qualified Charitable Distributions from IRAs, which can transfer funds directly to charities without counting as taxable income.

Residents who want more information can contact the Lenawee Community Foundation or visit their website.