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Deductions & credits
Aha! I think I figured out my problem, but it may not address everyone else's... Apparently this year as part of the CARES act, people who take the Standard Deduction are allowed to deduct an additional $300 of charitable gifts. I assume this was done to encourage donations during the pandemic. Therefore, when you add that $300 to my Standard deduction, it actually put me a little higher than my itemized deduction. There is still a glitch since the program doesn't explain this - it tells you one thing, but records another - VERY frustrating. Lots of wasted time Googling on my part to sleuth that out. At least I understand it now though.
‎February 18, 2021
9:20 AM
2,421 Views