Cynthiad66
Expert Alumni

Deductions & credits

 Yes. There is an issue with the contributions deduction and TurboTax is working to fix it.  We do not have an estimated date of correction, at this time.  I suggest you check back often to see if the correction has been made.

 

There is a problem with the Contributions section of the Itemized deductions and also the above the line $300.00 deduction.  Because of the many changes due to the CARES Act, IRS is still developing the forms and publications on this issue.  Last update was January 13th where everything is still in draft.  Once IRS finalizes the forms, we will be able to update TurboTax to accurately reflect your Contributions deduction.

 

There have been many issues with the new version of It's Deductible.  

If you want to get back to the classic version of It's Deductible to make entries, 

Click this link: https://itsdeductibleonline.intuit.com/Logout.htm

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