Charitable Giving Tax Deduction Calculator
See your real after-tax cost of giving. Compare cash vs appreciated stock donations, model the DAF bunching strategy, and check whether itemizing beats the standard deduction.
Total Donations
$5,000
Tax Savings
$648
Effective Cost
$4,352
0.9% of donated amount
Itemized vs Standard
Itemizing
+$2,400 benefit
Your Situation
Mortgage interest, SALT, medical...
Filing Status
Donations
Clothing, household goods, etc.
Original purchase price
Deduction Analysis
Cash donations (60% AGI limit)
Non-cash donations (30% AGI limit)
Stock donations — FMV (30% AGI limit)
Total Charitable Deduction
$5,000Other itemized deductions
$12,000Total Itemized
$17,000Standard deduction (Single)
$14,600Itemize — saves
$2,400DAF Bunching Strategy
Contribute 2 years of donations ($10,000) to a Donor-Advised Fund in year 1. Take standard deduction in year 2. Grant from the DAF whenever you choose.
Extra federal tax savings vs spreading annually: +$3,784
Qualified Charitable Distribution (QCD) — Age 70½+
If you’re 70½ or older, you can transfer up to $105,000 directly from your IRA to a charity. The QCD counts toward your Required Minimum Distribution and is excluded from taxable income entirely — worth more than a deduction for most retirees, even if you don’t itemize.
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