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ggillies5
New Member

Should I use TURBO TAX to do my tax returns if I have an ECOGIFT charity donation of over $100,000 ?o

Can I use TURBO TAX to handle a charitable donation-(ECOGIFT) of over $100000? How do I use part as carry over?  Can I carry some over or can I use the deduction only once?

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3 Replies
ggillies5
New Member

Should I use TURBO TAX to do my tax returns if I have an ECOGIFT charity donation of over $100,000 ?o

CanTurbo Tax-Premium handle charitable donations of over $100000 ?  yes or no---no ifs
maglib
Level 10

Should I use TURBO TAX to do my tax returns if I have an ECOGIFT charity donation of over $100,000 ?o

there is an answer below Yes
**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.
maglib
Level 10

Should I use TURBO TAX to do my tax returns if I have an ECOGIFT charity donation of over $100,000 ?o

https://turbotax.intuit.com/tax-tips/charitable-contributions/charitable-contributions/L6ZyAXJ4Y


IF there is a carryover, TT automatically will calculate and carry it fwd. Should have no issues with the 6 figures.

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.
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