BillM223
Expert Alumni

Retirement tax questions

"Schedule A charitable deductions never affected the calculation of the taxable portion of  Social Security benefits, so why should the deduction on Form 1040 line 10b do so? "

 

But the $300 is not a charitable contribution on this return. The $300 above the line deduction is only when the taxpayer is taking the Standard Deduction, so the charitable deduction is not taken on this return.

 

As for this being a bug, it seems to me that someone at TurboTax deliberately made this change - it certainly didn't happen by accident. I would find it would quite believable that TurboTax has information that supported this change.

 

However, of course, I do not have access to such decisions in TurboTax. I suggest that you place this question in the Lounge to see what else other Champions think and what the Mods say.

 

I would appreciate it.

 

 

@dmertz May I ask you a favor? When you make a reply that I should see, would you tag me (@ BillM223) in the reply? The tools that we use make it unlikely that I would see your reply (which I always want to see) unless I am tagged. Thanks.

 

@Dan93 "I feel that this is "double dipping" the charitable contribution amount that is allowed by the IRS." As I noted above, this cannot be a case of double dipping. You can take this above the line deduction only when you are taking the Standard Deduction, so you are not taking this as a contribution deduction as well.

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