turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

HoloKai
New Member

If I make a significant donation to the Salvation Army, how many years can I carry the deduction forward?

 
Connect with an expert
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.

2 Replies

If I make a significant donation to the Salvation Army, how many years can I carry the deduction forward?

You can carry over your contributions that you are not able to deduct in the current tax year because they exceed your adjusted-gross-income limits. You can deduct the excess in each of the next 5 years until it is all used, but not beyond that time.

If I make a significant donation to the Salvation Army, how many years can I carry the deduction forward?

Be sure that you keep good records in case of an IRS query.
Any nonmonetary donation that is in excess of $5,000 requires a signed written appraisal by a qualified appraiser.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies