Question

Archie and Tina Reynolds are married and always file Married Filing Jointly. Archie earned $32,000 in wages and Tina earned $24,000 in wages. The Reynolds paid all the cost of keeping up a home and provided all the support for their two children, Laura and Timothy, who lived with them all year. Laura is 13 years old and Timothy turned 17 in November 2021. Archie and Tina elected not to receive the advance child tax credit payments. Archie and Tina did not have enough deductions to itemize, but contributed $1,700 in 2021, to their church, a qualified charitable organization. Archie, Tina, Laura, and Timothy are all U.S. citizens with valid Social Security numbers and lived in the U.S. the entire year. 6. What amount can Archie and Tina deduct as a charitable contribution

Answer 1

The amount that Archie and Tina can deduct as a charitable contribution without itemizing their deductions is $600.

Data and Calculations:

Archie's earnings =$32,000

Tina's earnings = $24,000

The Reynolds' dependent children = Laura and Timothy

Total charitable deductions for 2021 = $1,700

Limit allowed per couple without itemization of deductibles = $300

The total charitable deductions allowed for the Reynolds = $600 ($300 x 2).

Thus, the amount that Archie and Tina can deduct as a charitable contribution without itemizing their deductions is $600.

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