philchid
Returning Member

Deductions & credits

Turbo Tax 2021 has an issue in Schedule A line 14. It is limiting charitable contributions to 50% of AGI. In the CARES act it allows up to 100% AGI cash contibutions and up to 30% AGI for security contributions. This error was in Turbo Tax 2020 and was corrected later in the year. It needs to be corrected on Turbo Tax 2021. Any timeline on when this will be resolved?