This is a new tax law that began last year for 2020 tax returns. The IRS allows either a $300 or $600 (MFJ) deduction for cash donations to charity - you can take this deduction even if you take the standard deduction. So, if you gave money to charity and you normally can't deduct it because you take the standard deduction - you can now get a deduction for that.
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to charity. The new law generally extends through the end of 2021 four temporary tax changes originally enacted by the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
For more info, see IRS Expanded Benefits
When you finish the Deductions and Credits section and after you confirm you are taking either the standard or itemized deduction, TurboTax will ask about the deduction if you are taking the standard deduction.
- Click on Federal on the top left side menu.
- Then choose Deductions and Credits at the top.
- Scroll all the way down and click on Wrap Up Tax Breaks. (this will trigger the questions)
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