Get your taxes done using TurboTax

You don't enter the 30% value yourself...at least not how you appear to think.

 

You enter the total value of the appreciated stock in the Charitable Donations section....indicating that it was a stock as you start the entry as a Donation.   

 

Then the tax software will do the limitation calculation, based on what total income you have entered up until that point.   And it will re-calculate the 30% limitation itself as you add in more income.

 

BUT, the 2024 software is still being worked on and is not completed yet....so I have no idea if that section is working properly yet.    Should be OK by late January of 2025, so I wouldn't necessarily trust anything entered now.

 

2023 desktop software works OK for those types of donations, so 2024 should do so too, eventually, if it isn't doing so yet.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*