Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and $24,800 for married couples filing jointly. But this year, you can get a charitable deduction even if you don’t itemize. Read on to learn more.
Ronald “Chip” Morrison, Jr. is a Board Certified Estate Planning Law Specialist as certified by the Louisiana Board of Legal Specialization. He is admitted to practice before all State courts in Louisiana. He is also admitted to practice before the United States District Court for the Eastern and Middle District of Louisiana.
Latest posts by Ronald "Chip" Morrison (see all)
- The Other Side of the Unauthorized Practice of Law - May 25, 2022
- Why is My Trust so Long? - May 16, 2022
- How Using Specific Bequests Could Cost Beneficiaries their Inheritance - May 10, 2022
