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Level 1
posted Mar 16, 2020 10:00:59 AM

can I not use goodwill donation this year and use it as a carry over next year

using my chartiable donation to goodwill doesnt change my refund can I just use it next year as a carry over

0 2 990
2 Replies
Expert Alumni
Mar 16, 2020 10:14:54 AM

Itemized deductions do not carry over year to year.  Donations can only be deducted in the year they were donated.

Level 1
Mar 16, 2020 12:15:05 PM

did some checking of my own the carryover for charitable contributions is only if it is limited one year then you can carry over the addition contribution forward up to 5 years.


If you make a very large charitable donation in a single year, you may not be able to deduct all of your donation in that year. The IRS limits the amount of deduction you can take to a percentage (50% for non-cash, or 60% of cash contributions) of your adjusted gross income (AGI). If this happens to you, you can deduct the remainder of your donation in subsequent years. This is called a charitable contribution carryover and it becomes an itemized deduction on Schedule A