A gift that gets the credit may not also be a charitable deduction
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70411, Sec. 70411.
Written by .
A gift that gets the credit may not also be a charitable deduction
The document says “shall not”Who acts: Secretary of the TreasuryHow: statuteSec. 70411 in the PDF
What the document says
“Any qualified contribution for which a credit is allowed under this section shall not be taken into account as a charitable contribution for purposes of section 170.”
The section provides that a qualified contribution for which the credit is allowed is not counted as a charitable contribution under section 170 of the Internal Revenue Code of 1986.
What the document actually says
“Any qualified contribution for which a credit is allowed under this section shall not be taken into account as a charitable contribution for purposes of section 170.”
That sentence, in plain words
A gift that gets this credit does not count as a charity gift. That holds for one named tax rule.
What this is about
So the same gift cannot get two breaks. The credit is the only one open. That rule is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 70411, 139 Stat. 215 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“A gift that gets the credit may not also be a charitable deduction,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70411, Sec. 70411. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70411-double-benefit/ (retrieved October 10, 2026).
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