Thanks Robert. I appreciate your answer.
Because of the standard deduction, is that why it seems TT isn't decreasing the amount of taxes much, after we input those amounts?
One cash donation was over $10K and it only reduced our amount owed by only $562 after I put that contribution in. That cash donation is in the 60% section of the 1040 charitable contribution. Shouldn't the amount of taxes owed decreased more than that?
By my calculations, it should have decreased by $6K at least.
In prior years, charitable contributions were decreasing the amount owed greatly and last year, we had the same issue we're having this year.
