Details of Public Law 116-260, section 213 , Modification of Limitations on Charitable Contributions

Under the PITL, California generally conforms to the federal charitable contribution rules under IRC section 170 as of the specified date of 1/1/2015, and as a result, does not conform to the provisions related to increased limitations and carryovers for charitable contributions that were made during 2020 and 2021.

Under the CTL, California does not conform to IRC section 170, but instead has standalone law that is generally similar to federal law allowing corporations a deduction for charitable contributions. There are no similar provisions for the increased charitable contribution limitations and carryovers for contributions made during 2020 and 2021.

20/21 21/22 22/23 23/24 N/A $ (270,000,000) $ 140,000,000 $ 55,000,000