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Why would my tax owed go way down when I enter $4000 worth of household charitable donations if I'm taking the standard deduction? Is this an error in turbotax?
Turbotax tells me that I should take the standard deduction since I don't have enough donations. So then I deleted the charitable donations, but my tax owed went up considerably. So entered it back in, but it went down. I only have about $3k of other deductions, so this doesn't make sense. This is not the $300 that the irs allows for cash contributions.
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‎February 26, 2022
10:14 AM