I entered $600 as a chartable deduction through the Deductions and Credits page. When I finished that entry and went back to the main page, it shows my Charitable Deduction as ($2,065) If I take my $600 deduction out, it shows as ($2,665). I have no idea where that number is coming from and I can't get rid of it. What's going on?
You'll need to sign in or create an account to connect with an expert.
@tooleyet sounds like you are claiming the correct amount if married filing joint. A rejection sometimes occur if the Filing Status does not match the deduction.
Ordinarily, individuals who elect to take the standard deduction cannot claim a deduction for their charitable contributions. The law now permits these individuals to claim a limited deduction on their 2021 federal income tax returns for cash contributions made to certain qualifying charitable organizations. Nearly nine in 10 taxpayers now take the standard deduction and could potentially qualify to claim a limited deduction for cash contributions.
These individuals, including married individuals filing separate returns, can claim a deduction of up to $300 for cash contributions made to qualifying charities during 2021. The maximum deduction is increased to $600 for married individuals filing joint returns.
OR
Now, if you still have this error, please try the following steps:
You can correct this by logging back into your TurboTax program and following the steps below.
This should correct the issue and allow you to continue with your tax return.
I had already deleted the charity (there's nothing in it now) and the line still shows a ($2,665).
I'm grasping at possibilities here, but by any chance did you have a charitable carryover that came from 2020?
You can check this by going to:
John, I don't know if you saw my final post on this issue. There really was a software glitch. The Charitable Deductions smart worksheet was picking up numbers from two K-1s that I had entered. I'd be more than happy to talk to someone about this as it took me several days to finally find the problem. I have some background in interpreting financial requirements so that the IT people can understand what is needed.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mms4063
New Member
Priller
Level 3
SSEXTON2
New Member
kimcole1418
New Member
main0stage
Level 3