764036
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

sahni3000
New Member

New tax system does not seem to acknowledge any credit for Donations and contribution to the self-directed retirement plans. Is it even worth it?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

New tax system does not seem to acknowledge any credit for Donations and contribution to the self-directed retirement plans. Is it even worth it?

The new laws changed the ability to itemize deductions due to the higher standard deduction so donations may not be deductible for you in the future.

But the way self employed retirement plans are handled did not change at all ... you may not have a need for the deduction or be allowed to make the deduction depending on your situation ...

https://ttlc.intuit.com/replies/7449813


Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question