Tuesday, October 20, 2020

Governor Baker Proposes One-Year Delay for 2020 MA Charitable Contribution Deduction

Gov. Charlie Baker, MA

Included in Governor Baker's recently introduced budget proposal for the current fiscal year is a plan to delay the tax year 2020 allowable MA cash charitable contribution deduction until tax year 2021.  This deduction is allowed for all state taxpayers, even if you do not federally itemize or even file a federal return.  Non-cash contributions (clothing, food, vehicle, etc.) are not allowed.  Since the deduction is mandated under a 2002 addition to state law, the proposed delay needs legislative approval.

Your NATP state chapter shall keep you informed.                

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