The Self-Employed Physicians’ Guide to the OBBBA Part III: Charitable Donations
In other words, the changes to the SALT deduction by themselves change how we look at charitable donations. What’s more, the OBBBA has introduced a couple of fairly minor changes to how charitable donations are deducted. Importantly, these take effect in 2026 (the change to the SALT deduction takes effect in 2025). Because they are both calculated on the same schedule of the tax return, and the total is compared with the standard deduction, there is significant interplay between them in a holistic tax plan that optimizes for 2025 and future years.
The Self-Employed Physicians’ Guide to the OBBBA Part I: The New $40k SALT Cap Deduction
For most taxpayers, the largest tax obligation they pay at the state/local level is their state income tax.
