You are correct, the accuracy guarantee will allow for penalties or interest charged by the IRS or state to be reimbursed.
Please check the input to verify that all donations meet the criteria under the Cares Act to qualify for the 100% of Adjusted Gross Income deduction automatically in TurboTax. To qualify, the IRS clarifies that the contribution must be:
- a cash contribution;
- made to a qualifying organization;
- made during the calendar year 2020
For more information, see IRS Charitable Contributions Deductions
How do I submit a claim under the TurboTax 100% Accurate Calculation Guarantee or 100% Accurate, Exp...
