- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
No, you cannot use TurboTax Basic to obtain the $300 adjustment for charitable contributions.
This amount is reported on Schedule 1, and then pulled into your Form 1040.
Schedule 1 is used to report any adjustments to your income and includes items like the charitable contribution adjustment allowed by the Cares Act, as well taxable refunds, alimony, or business income just to name a few.
Schedule 1 is not included in the Basic version.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 14, 2021
2:05 PM