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Deductions & credits
Thank you for your prompt reply. Let me see if a can clarify... My actual eligible cash charitable giving for 2020 was $8,109. When I prepared my 2020 return TurboTax advised me that based on income and perhaps other considerations that it was better for me to take the standard deduction which I did. Further, it informed me that I was allowed an additional $300 deduction over and above the standard deduction due to charitable giving. I claimed the $300 additional deduction. So, perhaps the question is, did me taking the standard deduction in 2020 negate $8,109 minus $300 being treated as a 2021 carryover?
Hopefully, this better states my question.
Thank you for your assistance.
‎February 17, 2022
7:48 AM