2020 TAXES…..DID YOU KNOW?????
The CARES Act provides each individual taxpayer the ability to take an additional deduction of up to $300 in 2020 even if they do not itemize deductions (i.e. take the standard deduction) when filing their return.
The new “universal” deduction, which is only in place for 2020, makes it easier for people to receive a tax benefit for giving to an organization like HALLOCKVILLE MUSEUM FARM.
To qualify for the deduction, the donation must be made in cash (paying by check or credit card is OK) by December 31, 2020. Stock, volunteer hours or donated goods don’t qualify but are always greatly appreciated at Hallockville. As stated, the donation must be made to a qualified, 501(c)(3) public charity such as HALLOCKVILLE MUSEUM FARM.
Thank you in advance for thinking of HALLOCKVILLE MUSEUM FARM.