- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deduction for Donor Advised Fund Contribution
Does TT Home & Business handle large DAF contributions if I don't itemize? Does it do the 5 year carryover once the 60% of AGI is hit as well? I'm winding down my small business and retiring and won't have enough deductions this year to break the standard deduction. I'm planning on putting a chunk in a DAF but wanted to know if I can still use TT again this year.
Thanks
JK
‎October 27, 2022
12:35 PM