jcd_3
New Member

Deductions & credits

Yes it is the correct amount and it is, in fact, just what you describe.  I give the charity a certain amount of money, they subtract what they expect to pay back using actuarial tables and the annuity payments , and the difference is my deductible amount.  My question is how do I enter these numbers into TT.  TT does not seem to have an option to describe these calculations.