- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Almost positive that the only charitable donations that are worth anything in my state are ones made to colleges and universities. Medical expenses aren't--I wish.
I'm unclear as to the practical way to do this, though. Should I not have started with Deluxe if I don't need a Schedule A? Right now, it's throwing every place we donated to last year at me saying, "did you donate to this place again this year?" with a yes or no option. Some we did, some we didn't, but I'm not remotely interested in going back and looking up everything to fill it in with accurate numbers when they won't make any difference. Same with medical expenses, which were substantial, but at the recommendation of our financial advisor, we maxed out our HSA, which will also keep us below the need for Schedule A. I'm sure when I get that far, they're going to ask me for medical expenses, too, but I kept much less organized records of those than I did of the charitable donations. My husband suggested I put "$1" for each charity to which we still donated, otherwise they'll be removed from the list, and when the tax cut bill disappears, I will need many of them again. We probably had about 20 different places we gave to last year.
Kind of the same with medical. Do I put "zero" for our expenses (not accurate) and fill in whatever our form says for HSA distribution?
I guess the basic question is, is there a way to tell the software, "l don't want/need to itemize this year?" I was thinking this all going to be easier, not harder. Do I need a TurboTax employee to reply to this??