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Charitable Giving and Tax: the Limits, the Floor, and What to Give

Updated July 31, 2026. Quick answer: what you give matters more than how much. Cash to a public charity gets the highest AGI limit; appreciated stock gets a lower limit but avoids the capital gain entirely, which is usually the better trade; and the same appreciated property given to a private foundation may only be deductible at your basis. On top of that sit two 2026 changes that reduce the value of large gifts for high earners – a floor below which giving produces no deduction at all, and a cap on the rate at which deductions count. Separately, if you are over 70 and a half, a qualified charitable distribution from an IRA is often worth more than a deduction, because it never enters your income in the first place.

Limits, the floor and the cap

QCDs and giving from an IRA

What to give, and to whom

Charitable trusts

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