We made donations of appreciated stock to an Endowment fund, which qualifies for a 20% State tax credit.
1. Federal instructions say to reduce fed itemized deductions by the amount of the credit. How/where should I include this?
2. Amount of donations to the Endowment fund qualify for state tax credit, but not as state itemized deduction. How/where to reduce state itemized deductions by that donation.
Thanks in advance for any guidance
