Shirley77
Level 3
01-19-2021
04:04 PM
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Can the $300 charitable deduction for 2020 be taken if the donation was entirely QCD?
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qbteachmt
Level 15
01-19-2021
04:12 PM
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That is a different type of donation and event. QCD means they don't have to report it as income. The above-the-line deduction means they get a deduction against what is reported as income. You can't take both, for that same $300.
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