(2023) What is a donations carryforward?

Donations and, if applicable, membership fees to promote tax-privileged purposes are deductible as special expenses up to a maximum of 20 per cent of the total income. If you make such contributions that exceed the maximum amount, the unconsidered amount will be carried forward to the following year and deducted there within the maximum limit. This is known as the donation carryforward. This donation carryforward is unlimited in time, meaning it continues until the previously donated amount is offset. You will receive an assessment notice from the tax office each year regarding the donation carryforward that has not yet been taken into account.