Author Topic: Charitable donations under new tax law  (Read 605 times)

DBV1985

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Charitable donations under new tax law
« on: January 12, 2018, 08:50:28 PM »
Hello,

It doesn't look like I will be itemizing in 2018. That means my charitable donations won't have the same affect on my tax returns. Is anyone else planning to change the way you donate because of the new tax law? I read the MMM blog about Betterment charitable giving with investment gains to save more on taxes. What are you thoughts on this method of donating?

J

katsiki

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Re: Charitable donations under new tax law
« Reply #1 on: January 15, 2018, 02:44:40 PM »

seattlecyclone

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Re: Charitable donations under new tax law
« Reply #2 on: January 15, 2018, 08:25:33 PM »
Yep, seems like the optimal strategy for most people now will be to give a pretty big lump sum to a DAF one year so that you can itemize that year, distribute it over the next couple of years while you take the standard deduction, and then repeat.