I have large charitable contributions and I'm using using TurboTax Premier 2024 . My cash giving is slightly under 50% of AGI, and I also have a carry-over from previous years. My problem is that if I increase the amount I report for my cash giving, my total deductible amount decreases, and my tax due increases. What's going on?
To be specific, on Form 1040 Schedule A, if line 11 (deductible cash gifts) increases by $2000, then line 14 (total deductions) decreases by $2000. Its seems to me that TurboTax is not handling the amounts in lines 13 and 13 correctly. Any comments, explanations, advice??
