Deductions & credits
If Line 14 says ''Limited'', you are going to need to find the Charity Limitation worksheet to see how the donation was limited. I know you said it was a third of your AGI, but did you have a lot of other itemized deductions? As noted above by Dave, a couple of things may cause the discrepancy -
- Perhaps you had other itemized deductions that zeroed out your entire AGI. If so, there may be a carryover or your itemized deductions for next year..
If you are sure that is not the case, find the Charity Limit worksheet in the Forms list to see how and why your donation is being limited. Each charity will have its own numbered limit worksheet. Did you get the following screen when you entered the donation?
Notice on Line 28 - I have a carryover to future years.
