President Donald Trump’s “big beautiful bill” includes trillions of dollars of tax breaks, including a new charitable deduction for most filers — and there’s an easy way to maximize it, experts say.
When filing taxes, you claim the greater of your itemized tax breaks or the standard deduction. But 90% of filers don’t itemize, according to the latest IRS data, which means they can’t take the charitable deduction.
This changes in 2026 with a new charitable tax break for non-itemizers, worth up to $1,000 for single filers and $2,000 for married couples filing jointly. The deduction only applies to cash gifts.
“This is a big deal,” said Justin Miller, partner and national director of wealth planning at Evercore Wealth Management.
Trump’s ‘big beautiful bill’ and other changes benefit ABLE accounts
