The CARES Act provides two provisions that encourage charitable giving during the COVID-19 crisis for year 2020: Cash Gifts and Universal Charitable Deduction.

Cash Gifts: Itemizers can deduct up to 100% against their adjusted gross income for cash gifts contributed to public charities in 2020.

Universal Charitable Deduction: For those donors who do not itemize on their tax return, individuals and married couples filing jointly can claim a $300 above the line deduction for cash contributions made to public charities.