Prior to the CARES Act, individuals could generally deduct donations to charity up to 60% of their adjusted gross income (AGI). Therefore, the correct answer is:
60%
Prior to the CARES Act, up to what percentage of your income could be deducted as a donation to charity?
(1 point)
Responses
80%
80%
70%
70%
60%
60%
100%
1 answer
1 answer