Charitable Contributions by Individuals and Businesses

Publication Date: July 2026

Topics Covered

• Eligible charities to receive tax-deductible contributions
• Substantiation rules for charity and property donations
• New floors for deductions by individuals who itemize and C corporations
• Adjusted gross income limitations for deductions by individuals who itemize
• Deduction for non-itemizers
• Taxable income limitation for deductions by C corporations
• Enhanced deductions for certain donations by C corporations
• Special rules for donations of intellectual property
• Treatment of contributions to donor advised funds
• Donations of partial interests in property
• Unique rules for conservation easements
• Special rules for qualified charitable distributions
• Overvaluation penalties

Learning Objectives

• Recognize which organizations are IRS-qualified to accept tax-deductible contributions
• Describe substantiation rules for charitable gifts
• Describe the new limitations on charitable deductions for individuals who itemize and C corporations
• Explain the new charitable deduction rule for non-itemizers
• Identify various special charitable-giving situations, such as those involving intellectual property and bargain sales
• Recognize the sophisticated ways in which to make charitable donations
• Recognize the special rules for conservation easements
• Describe the rule for qualified charitable distributions

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
None

Advance Preparation
None