Many people wait until year end to think about tax-deductible charitable donations. But summer is a great time to clean out your closets and donate clothing and home goods to local nonprofits. In 2026, taxpayers who itemize can deduct cash and noncash contributions that exceed 0.5% of their adjusted gross income (AGI). For donations valued at $250 or more, be sure to get a receipt from the charity that includes a description of the items. Finally, though nonitemizers can deduct up to $1,000 in cash contributions to charity in 2026, they can’t deduct noncash donations.
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