Deductions & credits

Ah, I think you're right. Thanks to the two of you for your insights. 

 

According to my research, the standard deduction for 2020 for married filing jointly is $24,800. I have not yet hit that threshold; however, we have a boatload of itemized deductions I have not yet entered into TT and they will likely push us above that number.

 

Thanks again. I'll post again once I've entered all our deductions and see what then happens to that $600 donation.

 

Be Well.