Respuesta :
Charitable contributions expenses are most easily bunched, or accelerated, into one year, so that the itemized deductions can be used in one year and the standard deduction can be used the following year.
Giving something of value—such as money or property—to a nonprofit organization so that it might further its objectives is known as a charitable donation. Donations made by individuals and businesses in the United States can be written off on their federal tax returns.
The annual deduction for U.S. taxpayers is up to 60% of their adjusted gross income (AGI).
They must utilize Form 1040 or Form 1040-SR and include a Schedule A form for itemizing their deductible donations.
However, for 2021, those who don't itemize may still deduct up to $600 of charitable contributions. Normally, charitable contributions must be itemized in order to be tax-deductible.
Learn more about Charitable contributions, here
https://brainly.com/question/15583308
#SPJ4
Complete question:
Which of the following expenses is most easily bunched, or accelerated, into one year, so that the itemized deductions can be used in one year and the standard deduction can be used the following year?
a. Charitable contributions
b. State income taxes
c. Mortgage interest expense
d. Gambling losses
