HR. 801In Committee
Charitable Act
Allow nonitemizing taxpayers to deduct certain charitable contributions in tax years 2026 and 2027 and remove a tax penalty tied to overstated contributions
Plain-English overview
What this bill does
Allow nonitemizing taxpayers to deduct certain charitable contributions in tax years 2026 and 2027 and remove a tax penalty tied to overstated contributions
Key points
- Allow charitable deduction
- Repeal overstatement tax penalty
Current status
Where it stands
Status
In Committee
Latest action
2025-01-28 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation