I am donating to my Donor Advised Fund.
Now turbotax asks "Enter the donation type"
two choices
- "50%/60% Charity" Churches Goodwill schools etc
- 30% Charity (This is not common) Veterans group fraternal societies etc.
Note TT asks this question regardless whether it is a cash donation or stock. So I know that Cash has 50% AGI limit and stocks have 30% AGI limit. Instead the question TT is asking is about the "type of charity" for my Donor Advised Fund
Suggestions to TT/Intuit: Since Donor advised fund have become popular in the last 4-5 years when itemized deductions changed, it would be nice if turbo tax treated donor advised fund as special category of when filling out charity donations.
