2020 Charitable Donations
Today is giving Tuesday, December 1, 2020. Consider donating to NIBGA.
Northern Indiana Bluegrass is a 501(c)(3) tax exempt organization. Charitable donations to the club are deductible from your taxes. The recently enacted government stimulus bill (the "CARES Act") provides some additional tax relief for donors. This makes it easier to give and save at the same time.
To encourage charitable giving in 2020, the CARES Act includes two tax provisions that reward people who donate to charity.
First, a new "above-the-line" deduction of up to $300 is allowed for cash donations to charity in 2020. You can't claim this deduction if you itemize deductions on your 2020 tax return (i.e., you must claim the standard deduction).
For taxpayers who do itemized on their 2020 return, the 60% of adjusted gross income limit that normally applies to cash contributions is waived. That means you can deduct more of your charitable cash contributions this year.
Send contributions to NIBGA, 5034 Wapiti Dr., Fort Wayne, IN 46804
If you have questions, seek help from your tax advisor.
Hopefully we will have our monthly meeting/jam
Jan. 17, 2021
Southwest Conservation Club,
5703 Bluffton Rd,
Fort Wayne, IN 46809
from noon until 5pm or so.
Bluegrass only Music please!
Updates later in January will confirm the jam.
No carry-in's allowed, club rules. Full service sandwiches and drinks available.
If you have a fever, cough or other signs of Covid please do not attend. Masks required!