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Deductions & credits
Thanks, We gave just about 100% AGI last year. We have carry forward for all of the 30% from previous gift of property. We have carry forward of cash from last year plus or cash giving for the 50/100 levels. Basically, the qualified amount is what we gave plus carry forward. The allowed amount is roughly 70% AGI.
I have read through 526 specifically line 11. I find the words regarding the NOTE on the dotted line next to the input box 11. The number TT entered does not appear to be related to the 100% contributions and the number is not editable. Any idea on where I can look to see why that number is so far off or how I set it to the allowed number?
Thanks for your help
March 10, 2022
4:10 PM