New deduction for people who don't itemize

Individuals who elect to take the standard deduction generally cannot claim a deduction for their charitable contributions. However, the CARES Act permits these individuals to claim a limited deduction on their 2020 federal income tax returns for cash contributions made to qualifying charitable organizations.  We are a qualifying 501(c)(3) charitable organization under this provision. 

 

Nearly nine in 10 taxpayers now take the standard deduction.  If this is you, you may take a total of up to a $300 above-the-line charitable deduction, or if married, filing separately,  $150.

 

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Cash contributions include those made by check, credit card or debit card.  We are not able to accept credit or debit cards at this time, but if you wish to contribute, your check will be greatly appreciated.  No gift is too small.

Please make your check payable to the W&PSRR and mail no later than December 31

to:  W&PSRR

       P.O. BOX 84

       TURNERS, MO  65765-0084

Include your name and return address and we'll send you a letter recognizing your tax deductable donation.