NPR / PBS donations potentially impacted by elimination of $300 / $600 charitable deduction for 2022 tax year

[Mikey Radio]

A few years ago when some tax laws changed and the standard deduction took a jump, lots of charities, including NPR and PBS, went into a bit of a panic because some people scaled back their giving as they could no longer write it off unless the amount of their contributions reached a much higher $$ amount than before. As a result, for a few years, Congress instituted a deduction of $300 for those filing single or $600 for married couples filing jointly, which would allow them to deduct monetary donations (not goods or services) to charitable organizations. As of now, Congress / the IRS has not extended this to 2022, so as of now, lots of American's cannot deduct their charitable contributions. One NPR station I listen to, blamed this for missing their targets on their recent fund drives.

I'm guessing NPR has lobbyists and can work with congress to try and extend this deduction into 2022? Or maybe they can team with other larger charities and non-profits to do so?

The charitable point-of-view

Advocates for charities and other tax-exempt groups are hoping to at least restore a charitable deduction that Democrats gave last year to taxpayers who don’t itemize their returns.

www.politico.com

Advocates for charities and other tax-exempt groups are hoping to at least restore a charitable deduction that lawmakers gave to taxpayers who don’t itemize their returns.
Congress first offered that $300 deduction for 2020 as part of a bipartisan coronavirus relief measure passed in March of that year, before extending it through 2021 as part of a lame-duck tax deal that December and allowing joint filers up to a $600 deduction.
And now, nonprofit advocates are brandishing new polling to argue that voters want lawmakers to bring it back.
Independent Sector, a nonprofit coalition, is releasing new findings this week that say that an overwhelming number of voters — 85 percent — want to bring back the expired charitable deduction of up to $300 for single taxpayers who take the standard deduction.

The Republicans’ 2017 tax law greatly reduced the number of itemizers, and thus the number of taxpayers claiming the charitable deduction — raising concerns among fundraisers everywhere that donations would take a dive.