I take standard deduction and there is add on $300/$600 on line 12b. Some of companies I invested gave money to charity and it was listed on K1. Most of contribution were 60% and 1 was at 30% level.
Let say total Cash contribution were $50
60% level = $22
30% level= $28
Now TT imported only $22 on line 12b. Why?
Lets say my AGI (Line 11 on 1040) is $50K or even $100K just a number, how it affect deductions?
Should I just correct this $22 to $50 in TT forms mode? Is there a work sheet where I can look why TT imported only $22?
I think it has to do with AGI. One can deduct to certain level of AGI
