For 2021, the CARES Act tax credits have been increased, allowing joint filers to deduct up to $600 in charitable donations. The limit was previously $300.
To take advantage of this change in the law, donors need to make their contribution before the end of the year.
The CARES act was introduced during the pandemic in 2020 to allow taxpayers to more easily help people in their communities. Before CARES, only taxpayers who itemized their tax returns could take the charitable deduction. The limit for single filers remains $300.