Thank you,
I am fairly clear on how to enter normal charitable contributions. But my understanding is that the IRS opined last year that if there was a state tax credit benefit, the deduction would have to be reduced by that amount.
When I enter the charitable contribution in the federal tax section, there is no question asking information about offsetting tax credits.
For example, I have one charitable contribution of $1,000 that provides a 60% state tax credit. Do I enter the full $1,000 in the federal section, or do I enter the $400 (deduction net of benefit).
However, including the tax credits, my combined state income tax and property tax well exceed the $10,000 maximum -- so maybe this doesn't matter...
Or does TT recognize this situation when I enter the tax credits in my state (OR) return?
