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June 4, 2019
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What is "estimated savings" and is this the amount entered on my taxes or the "donation value"?

  • June 4, 2019
  • 1 reply
  • 24 views
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Best answer by AnnetteB6

Estimated savings is an approximate number for what you might save on your return by claiming the charitable contribution. 

You would enter the donation value in your return, not the estimated savings.

1 reply

AnnetteB6Employee Tax ExpertAnswer
Employee Tax Expert
June 4, 2019

Estimated savings is an approximate number for what you might save on your return by claiming the charitable contribution. 

You would enter the donation value in your return, not the estimated savings.

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