I am puzzled. The IRS, in your transcript, seems to have applied the 60% limit on the total of your contributions, which is not the same method described in Pub 526.
Your transcript states "total contributions per computer" equals $51,022. This is exactly 60% of the return's AGI of $85,037. But this is NOT how charitable contributions are limited.
In Pub 526, The calculations for limits is applied first to cash, then to non-cash, then to other categories (which don't apply here), then finally to carryovers.
TurboTax enters $2,435 for current year cash contributions on line 11, then $9,305 for current year non-cash contributions on line 12, then on line 13, it enters $48,587 as the limited cash carryovers. This number is calculated on "Charity Limit 2" which can be found in Forms mode on your return. It is the amount of the carryover which can be used in 2024, allowing for the current year cash contributions.
So, ($2,435 plus $48,587) times 60% equals $51,022.
THEN, the noncash contributions get to be added from line 12.
So the total deductible amount as limited, is $60,327, not the $51,022 that the IRS calculated.
Please tell me if you disagree.
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