rshjunk
Returning Member

Deductions & credits

Appreciate the help, but here is what happens.  For this example, Ky is the state

$50k donation, $10k state credit

 

1. All donations were appreciated stock.  Tried to input a negative stock donation and Turbo ignored.  Input negative cash of $10k and it ignores that also.

The only way I have been able to get correct number for Federal is override the total on Schedule A donations.

 

2. State is Ky - was finally able to get state to accept an adjustment to Schedule A, reducing donations by the $50k per example, but it is a workaround, not the real answer I think