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Charitable Giving Tax Savings Calculator

Enter your income and gifts

2026 federal tax rules

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Other itemized deductions
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Income or sales tax plus property tax, before the cap.

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Medical costs above 7.5% of AGI, casualty losses and other Schedule A items.

Gifts to charity this year
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Cash, check, card or payroll gifts to churches, schools, hospitals and other public charities, including donor-advised funds.

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Market value of assets held over a year.

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Clothing, household goods, a car.

More options
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Counts for itemizers, but not for the $1,000/$2,000 deduction for people who take the standard deduction. The same goes for supporting organizations.

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Market value minus what you paid. Giving the asset avoids the capital gains tax you would pay if you sold it.

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Taxed at 0%, 15% or 20%, so they change your bracket.

Your results

Federal tax saved by your gifts

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Tax saved per $1 given

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Real cost of your gifts

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Best deduction with your gifts–
Your federal bracket–
Not deductible: 0.5% of AGI floor–
Itemized deductions trimmed (37% bracket)–
Carried forward to next year–
Capital gains tax avoided (estimate)–

Federal income tax only, before credits. The real cost is your gifts minus the tax saved and any capital gains tax avoided.

Your tax with and without the gifts

The same 2026 federal return worked out twice. Whichever deduction is larger, standard or itemized, is used in each case.

Without giftsWith gifts

How much of each gift you can deduct if you itemize

Gifts above the AGI limit carry forward for up to five years. The 0.5% floor is taken first from appreciated property, then non-cash items, then cash. Gifts to private non-operating foundations have lower limits and are not covered here.

Gift typeGivenAGI limitAllowed0.5% floorDeductible

Results are estimates for educational purposes and are not financial, tax or legal advice.

Find out how much federal income tax your charitable gifts save in 2026, whether you itemize or take the standard deduction, and what the gifts really cost you. Next, open the income tax calculator and enter your own details to see an estimate in seconds.