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[Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill (OBBBA)
Hi Dawn,
I am using the desktop version of TurboTax. Yes, the charitable contribution section in federal deductions. I have done this many times before, but I’ve never had it asking me all these different questions. Even though I know I need to complete form 8283, it’s asking me for the original purchase value (in addition to value at time of donation) of clothes and household items that I’m donating. It’s never required that information before. Also in another instance where I’m donating stock and I put the current.and purchase values, it’s asking me for the appraised value along with the appraiser’s name and address. It has never asked for this type of information before. It’s requiring much more information that is not available than it ever required previously.