Charitable contributions - state tax credit

[rshjunk]

We made donations of appreciated stock to an Endowment fund, which qualifies for a 20% State tax credit.

1. Federal instructions say to reduce fed itemized deductions by the amount of the credit.  How/where should I include this?

2. Amount of donations to the Endowment fund qualify for state tax credit, but not as state itemized deduction.  How/where to reduce state itemized deductions by that donation.

Thanks in advance for any guidance

[AmyC]

1.Follow these steps:

1. Determine the state credit. For example with unknown state - $20,000 donation and state credit is 50% then $20k x 50% = $10,000 deduction to your federal charity amount.
2. Reduce charity amount on federal deductions from $20,000 to $20,000 minus the state credit from step 1 for your state.

2. What state? The deduction may have already come out from your federal. You can check your state returns for the flow. To see your forms:

• In desktop, switch to Forms Mode. 
• For online, see How do I preview my TurboTax Online return before filing?

You can reply with more information for additional help.

[rshjunk]

Appreciate the help, but here is what happens.  For this example, Ky is the state

$50k donation, $10k state credit

1. All donations were appreciated stock.  Tried to input a negative stock donation and Turbo ignored.  Input negative cash of $10k and it ignores that also.

The only way I have been able to get correct number for Federal is override the total on Schedule A donations.

2. State is Ky - was finally able to get state to accept an adjustment to Schedule A, reducing donations by the $50k per example, but it is a workaround, not the real answer I think

[rshjunk]

Appreciate the help, but here is what happens.  For this example, Ky is the state

$50k donation, $10k state credit

1. All donations were appreciated stock.  Tried to input a negative stock donation and Turbo ignored.  Input negative cash of $10k and it ignores that also.

The only way I have been able to get correct number for Federal is override the total on Schedule A donations.

2. State is Ky - was finally able to get state to accept an adjustment to Schedule A, reducing donations by the $50k per example, but it is a workaround, not the real answer I think