Waiting until January to make this move could trim up to $2,000 off your taxable income—about 90% of filers could benefit

Market Intelligence Analysis

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Why This Matters

The new budget bill introduces a $2,000 above-the-line deduction for charitable donations in tax year 2026, potentially benefiting 90% of filers.

Market Impact

Market impact analysis based on bullish sentiment with 76% confidence.

Sentiment
Bullish
AI Confidence
76%

Article Context

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The "big beautiful" budget bill created a $2,000 above-the-line deduction on charitable donations for tax year 2026.

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Original article published by CNBC on December 22, 2025.
Analysis and insights provided by AnalystMarkets AI.