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Deductions & credits
HI Thanks. Couple of question. In turbo tax there is a federal review. When this federal review is completed, I assume it knows that I am taking the standard deduction. At that point I am still receiving the 600 cash contribution after the federal review has been completed. After State review is completed turbo tax does a final review. It is at the final review stage that the 600 is changed back to 300. Are there any other limits on the 600 besides cash. I have more than $600 listed as cash contributions.
‎January 18, 2022
11:39 AM