My donation of real estate in 2024 will exceed what I understand is a 60% of AGI annual limit on charitable deductions. I followed the IRS requirements for valuation and donation of real estate and found how to enter this donation in TurboTax. I have not completed the rest of my entries in TurboTax. I understand I can carryover the excess donation for five years. Will TurboTax handle the carryover deductions for this donation? Will the 60% maximum be taken each year until the full donation amount is deducted or may I designate each year the amount of the deduction taken for this donation? Thank you.
