@GabiU
IS anyone at TTX still working on this BUG. I've updated my own software again this morning (rev 19 or 19.1) and NC software still has this bug.
I also reported it to you and the Moderators thru the proper private email channel on 16 Feb.....I didn't get a response from anyone there.....so I have no idea if anyone is paying attention to that.
On 16 Feb, I provided y'all a Diag File that clearly shows that the NC software is not limiting the Charitable contributions (including the 2019 carryover) to 60% of AGI, as required by NC....and it is not only allowing 100%...it goes over 100% as an NC deduction .
Desktop software, Diagnostic file code : 742918
________________________________________
"N.C. Itemized Deductions
Charitable Contribution Limitation - North Carolina does not allow an individual to deduct qualified contributions of up to 100% of federal adjusted gross income ("AGI"). For N.C. income tax purposes, an individual may only deduct qualified contributions up to 60% of AGI (For more information on charitable contributions, see Page 20.)"
Above is notice on page 3 of:
https://files.nc.gov/ncdor/documents/files/2020-D-401-Instructions.pdf
_______________________________
Yes, I understand that this year's problems are extraordinary, and work on other more common bugs probably received priority...BUT I would like to make sure this NC bug is being addressed by whatever software team is working on NC.
(I have no idea if the Online software has the same bug.....they'll have to test that themselves )
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
