<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
  <channel>
    <title>topic its deductible in Deductions &amp; credits</title>
    <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/its-deductible/01/2836033#M271773</link>
    <description>&lt;P&gt;After importing my charitable donation using Its Deductible, it appeared to work, but the amount I owed was not reduced, even though I am itemizing.&amp;nbsp; Can I correct this?&lt;/P&gt;</description>
    <pubDate>Mon, 23 Feb 2026 10:05:40 GMT</pubDate>
    <dc:creator>jmazzieh</dc:creator>
    <dc:date>2026-02-23T10:05:40Z</dc:date>
    <item>
      <title>its deductible</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/its-deductible/01/2836033#M271773</link>
      <description>&lt;P&gt;After importing my charitable donation using Its Deductible, it appeared to work, but the amount I owed was not reduced, even though I am itemizing.&amp;nbsp; Can I correct this?&lt;/P&gt;</description>
      <pubDate>Mon, 23 Feb 2026 10:05:40 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/its-deductible/01/2836033#M271773</guid>
      <dc:creator>jmazzieh</dc:creator>
      <dc:date>2026-02-23T10:05:40Z</dc:date>
    </item>
    <item>
      <title>Re: its deductible</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-its-deductible/01/2836432#M271815</link>
      <description>&lt;P&gt;You need to check yoru tax summary...&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;1)&amp;nbsp; If your "Taxable" income was already reduced to zero by all the other prior "itemized" deductions, then even a billion $$ more of donations would not change anything.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;2) if you have net self-employed income, the extra donations do not reduce yoru SE tax (SS and Medicare)&lt;/P&gt;&lt;P&gt;____________________________&lt;/P&gt;&lt;P&gt;IF using Desktop software, switch to Forms mode and check your $$ deductions totals on the Schedule A, and then your 1040, line 15 to see if yoru taxable income is already at a zero.&lt;/P&gt;</description>
      <pubDate>Fri, 27 Jan 2023 00:22:23 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-its-deductible/01/2836432#M271815</guid>
      <dc:creator>SteamTrain</dc:creator>
      <dc:date>2023-01-27T00:22:23Z</dc:date>
    </item>
    <item>
      <title>Re: its deductible</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-its-deductible/01/2845384#M272721</link>
      <description>&lt;P&gt;I checked line 15 as suggested and this was not the problem though I appreciated the response which may help on future returns.&amp;nbsp; I have decided to start over on a new return, enter my donations manually and see if I get the same result.&amp;nbsp; I got this idea from another member with a similar problem.&amp;nbsp;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Mon, 30 Jan 2023 20:28:11 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-its-deductible/01/2845384#M272721</guid>
      <dc:creator>jmazzieh</dc:creator>
      <dc:date>2023-01-30T20:28:11Z</dc:date>
    </item>
    <item>
      <title>Re: its deductible</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-its-deductible/01/2845516#M272727</link>
      <description>&lt;P&gt;&lt;SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;"&gt;There's a limit on how much of your charitable contributions you can deduct. The basic rule is that your cash contributions to public charities, colleges and religious groups can't exceed 60% of your adjusted gross income (AGI).&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;"&gt;Sometimes a lower limit of 30%, or even 20%, is applied based on the type of organization or type of donation. When you go over the limit, you’re allowed to carry the excess forward for up to five years.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;A href="https://www.irs.gov/pub/irs-pdf/p526.pdf" target="_blank"&gt;For more information&lt;/A&gt;&lt;/P&gt;</description>
      <pubDate>Mon, 30 Jan 2023 20:59:27 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-its-deductible/01/2845516#M272727</guid>
      <dc:creator>ShirlynW</dc:creator>
      <dc:date>2023-01-30T20:59:27Z</dc:date>
    </item>
  </channel>
</rss>

