Deductions & credits

If you are taking the standard deduction and TurboTax isn't automatically entering $300 for you, it might be because of the standard deduction vs. itemizing calculation going on behind the scenes.  The CARES Act allowed non-itemizers to get a $300 credit for the first time in 2020, while in the past giving charity was a tax benefit only for itemizers.  Please try the following:

  1. Click Deductions and Credits
  2. Select Review/Edit
  3. Click Edit to the right of Standard Deduction
    ​​Click OK, Sounds Good
  4. Click Wrap Up Tax Breaks
  5. Click Continue
  6. Make sure that $300 is filled in and then click Continue
  7. Click Lets Keep Going

 

If the error persists, then go through the next work around.

 

Here is the second work around for claiming the Charity Deduction:

  1. In TurboTax select Federal in the panel on the left
  2. Select Deductions & Credits at the top of the page
  3. Under Your Tax Breaks - Charitable Donations 
  4. Click START to the right of Donations to Charity in 2020
  5. Click YES
  6. Click ADD next to Money
  7. Type in the name of the charity that you donated to
  8. Type the amount of the donation
  9. Select Done with Donation
  10. Select Done

Now the deduction should appear on Line 10B and in the Charitable Contributions screen.

 

Keep in mind, it is very important to keep records of your charitable contributions.  If the IRS asks about them later, they will be denied if you don't have a record, receipt, letter, etc.