Sec. 70424. Permanent and expanded reinstatement of partial deduction for charitable contributions of individuals who do not elect to itemize
Official source: Public Law 119-21, Section 70424 — 139 Stat. 235.
(a) In General.—
Section 170(p) is amended—
(1) by striking “
$300 ($600
” and inserting “
$1,000 ($2,000
”, and
(2) by striking “
beginning in 2021
”.
(b) Effective Date.—
The amendments made by this section shall apply to taxable years beginning after December 31, 2025.