Scot (Canada) [citation needed] Tesla Motors; Traffic (United States) UD Trucks; Volvo Trucks (different models for U.S. market) Walter (United States) White; Western Star Trucks; Zeligson (United States)
50% Limit The 50% limit applies to the total of all charitaÂ­ble contributions you make during the year. This means that your deduction for charitable contriÂ­butions cannot be more than 50% of your adjusÂ­ted gross income for the year.
The IRS has a limit on giving, but even if your heart exceeds the IRS maximum, you may still be able to benefit from your generous spirit. 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.