- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Limit on Contributions to Fidelity Charitable
For the 2024 tax year, I made donations of long term appreciated securities to a DAF at Fidelity Charitable. This should be a 30% charity (i.e., donations of appreciated securities are limited to 30% of AGI) but when I tell TT that it is a 30% charity, it then limits me to only 20% of AGI. The only way I can see to get TT to not limit me to 20% is to tell TT that it is a 50% charity. My donations are just under 30% (29.8% to be exact) which is how I planned it. Is there something else I should be doing so I can say it is a 30% charity and get the 30%? (This question was asked a few years ago, but the solution does not seen to apply to the current version of TT.) Thanks.
‎February 3, 2025
8:54 PM