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Level 1
posted Feb 20, 2022 5:05:59 AM

Donation Added By Mistake

The charity site dashboard showed two donations but I didn't notice one was for a previous year and added it to my return. It pushed me over the $300 mark but I had the standard deduction anyway. Do I need to file an amended return?

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1 Best answer
Expert Alumni
Feb 20, 2022 5:47:09 AM

On your 2021 Federal tax return, you reported two charitable contributions.  The second contribution put you over the $300 mark and you reported both on Federal 1040 line 12b as a Charitable Cash Contributions under CARES Act.

 

Now you find that you are not eligible for the second contribution.  If I have reported the scenario correctly, the second contribution should be removed.

 

If your return has been transmitted and rejected by the IRS, you can correct your tax return and re-transmit.

 

If your return has been transmitted and accepted by the IRS, you can amend your Federal 1040 tax return.

 

Amended tax returns are expected to be available February 24.  See forms availability here.

1 Replies
Expert Alumni
Feb 20, 2022 5:47:09 AM

On your 2021 Federal tax return, you reported two charitable contributions.  The second contribution put you over the $300 mark and you reported both on Federal 1040 line 12b as a Charitable Cash Contributions under CARES Act.

 

Now you find that you are not eligible for the second contribution.  If I have reported the scenario correctly, the second contribution should be removed.

 

If your return has been transmitted and rejected by the IRS, you can correct your tax return and re-transmit.

 

If your return has been transmitted and accepted by the IRS, you can amend your Federal 1040 tax return.

 

Amended tax returns are expected to be available February 24.  See forms availability here.