Deductions & credits

Dave, the itemized donations are less than 1/3rd of AGI. The word "limited" does appear on Line 14 of Schedule A. I am not sure of the Charity Limits Worksheet. I did not see it in my preview copies but can honestly say I was not looking for it. Our stock donation is to the Great Green Bay Charitable Foundation so it is a qualified fund as noted in #2 below. We did the same thing last year and 100% was applied to our 2019 Taxes. All income and deductions for 2020 were nearly identical to 2019. So---not sure why 2020 is acting so different. I'm out of town for the next week and won't be able to access my tax info until next Tuesday. Let me know if there is more on your end. Can you explain Cynthia's responses? Thanks.

 

LarryS1