Deductions & credits


@ 2206456RJ wrote:

Thanks, but how do I enter the items in It's Deductible to start with?


I suspect you are using the desktop version of Premier (CD/download), since you originally mentioned the File menu and Import menu.   "Online TurboTax" is displayed underneath your original question, but I suspect that is in error based on what you said.

 

There are 2 varieties of ItsDeductible available to you, depending on what your overall goal is and if you want to keep a record and track donations throughout each year, and then import into TurboTax at tax time.

 

There is a built-in version of ItsDeductible in the desktop software (Deluxe and higher) that one can use at the time of preparing one's return to value the donated items.   It's a popup applet and doesn't require importing since the items are entered and valued in realtime inside the TurboTax software.  We can tell you how to use that applet, if you wish to enter the items directly into TurboTax and value them.  If you have a lot of items, or if you want to enter them throughout the year as you make donations and them import them into TurboTax, the standalone website version discussed below is best.

 

There is a separate website for ItsDeductible where one can enter donations (items, money, stocks, etc.) throughout the year, then at tax time import them into the TurboTax program.   That website maintains a record of each year's donations.

If you want to enter your donations at the ItsDeductible website and then import them into TurboTax, here's the link.

https://turbotax.intuit.com/personal-taxes/itsdeductible/

NOTE:  If you already have an Intuit Account, then sign in with your existing Intuit Account user ID and password.  Do NOT create a new account if you already have one.