Welcome | Log In
Glossary of Terms beginning with 3
a | b | c | d | e | f | g | h | i | j | k | l | m | n | o | p | q | r | s | t | u | v | w | x | y | z | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | “
Click one of the letters above to go to the page of all terms beginning with that letter.
- 30%/50% Deduction Rules
A donor’s income tax charitable deduction for a gift of cash to a public charity is limited to 50% of the donor’s adjusted gross income. A donor’s income tax charitable deduction for a gift of appreciated property held by the donor for more than one year is limited to 30% of the donor’s gross income if the deduction is based on the fair market value of the property. If a donor elects to take an income tax charitable deduction for a gift of appreciated property to a public charity based on the cost basis of the property, the AGI limitation is increased to 50%. Same rules for DAF – Family Foundation % not as attractive.