Does anyone else filing charitable donations with spouse causing one spouse to have to pay the next years estimated taxes in instalments?

Forum|Forum|1 year ago
August 21, 2024
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using the download

brenda_watson

Level 6

Did you split your charitable donations? You can verify which way would be best so that you owe less or get a refund- depending on your tax situation. Please see below:

Then go to the "Find" on top of your return and type in Charitable donation optimizer. Go; it will help you see which one of you should claim or both possibly should claim the donation to make you have a better return.

Thank you for choosing TurboTax.

jgreene3Author

Level 2

The steps listed below dont seem to be an option in the Standard package (you used Home and Business). I had to file separately to get the split. I even called your help desk and they "remotely accessed" into my computer and verified that the donations in the standard package could not be split. Nor would the optimizer allow a split

For example - If not split, total refund for both $8000 with donations; but one gets 12000 refund and the other $4000 bill (this bill triggers a CRA instalment for the next year)

TurboTax_Susan

Level 15

What year are you preparing your return for? The option is there in the 2023 version of TurboTax Download Standard. If you are using EasyStep Mode, then enter your donation receipts, then go forward past the carry forward page, and you should get the option to split the credit.

If you are using Forms Mode, then override the line "Less: Amount claimed by your spouse or common law partner (if applicable)" on the Charitable Donations worksheet (DON). This override will not affect your ability to NETFILE.