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Deductions & credits
Further to this message, it appears that Turbotax has changed how carryforward amounts are displayed on Schedule A from showing the total amount of the carryforward from prior years to just the amount of the carryforward used in the current year.
But what still seems odd is that when I designate a portion of my cash donations in 2021 for 100% deduction, the software allows use of a portion of the current year appreciated securities donations, along with a portion of the carryforward for appreciated securities from prior years.
This seems odd; I'm not expert, but does anyone know if this is correct?
Turbotax team, can you respond? Wondering if there is a software calculation issue involving the of use of carryforwards and the interplay with the 100% deduction opportunity.