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You may deduct a maximum of up to 50% of your adjusted gross income (AGI) (Line 36 on IRS Form 1040) for the tax year the donation was given. However, if you give more than 50%, the excess may be carried forward for up to five years.
What you need to know is that cash donations generally have a ceiling of 50% of your AGI. For example, if your AGI for the tax year was $40,000, then your maximum cash donation deduction for the year would be $20,000 (50% of your $40,000 AGI). For capital gain property donations (property held long term or for more than one year), the deduction limit is generally 30% of your AGI.