KathrynG3
Expert Alumni

Deductions & credits

To make sure all the forms are working as intended, please be sure that any overrides are deleted. 

 

Second, the order of operations to get the above-the-line deduction requires you to recalculate your tax breaks before the CARES Act Charitable Donation screen will be prompted. Only qualifying contributions will be included.

 

To qualify for the above-the-line charitable donation deduction, the IRS clarifies that the contribution must be:

  • a cash contribution;
  • made to a qualifying organization;
  • made during the calendar year 2020

 

To do this in TurboTax CD/Download, go to Deductions & Credits and select I'll choose what I work on.

  • First, enter in the charitable donation amount as you normally would in the Charitable Donations section of Deductions & Credits.
  • When finished entering all donations, select Done with Charitable Donations and Continue.
  • Scroll to the end of the Deductions & Credits page and select Done with Deductions.
    • You may need to respond to any other additional questions. You will eventually see: The Standard Deduction is Right for You! 
    • Click Continue
    • Now, you will see Charitable Cash Contributions under Cares Act where you will see any qualified contribution amount already entered from your earlier posts. Select Continue

When I tested this, I did get the worksheet and Form 1040 to be in agreement. 

 

For more information, see IRS Charitable Contributions Deductions

 

@liguy