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Level 6
March 12, 2024
Solved

Bunching Donations

  • March 12, 2024
  • 1 reply
  • 13 views

Is bunching donations still allowed? If yes, can you point out a reference to the publication? Also, how many years are allowed (if any)?

I cannot find any material on IRS website or publications.

This topic has been closed for replies.
Best answer by abctax55

The deduction is taken in the year *made*.

The bunching comes from making the donations in the specific years.... don't make it on 12.31.xx, wait until 1.2.yy.  

Then make the next donation on 12.31.yy.   

So there there you are - *bunched* two years of donations into the year  * yy *.

But you as the preparer don't do this, the client has to manage it.

 

 

 

1 reply

Jim-from-Ohio
Intuit Community Champion
March 12, 2024

totally fine to bunch donations in one year to try and itemize.  nothing wrong with it so there is no IRS ruling on it.   i think it is less of a thing these days with the standard deduction being so large

Level 6
March 13, 2024

how many years are allowed in a single year bunch donation deduction?

abctax55
abctax55Answer
Level 15
March 13, 2024

The deduction is taken in the year *made*.

The bunching comes from making the donations in the specific years.... don't make it on 12.31.xx, wait until 1.2.yy.  

Then make the next donation on 12.31.yy.   

So there there you are - *bunched* two years of donations into the year  * yy *.

But you as the preparer don't do this, the client has to manage it.

 

 

 

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