My 2024 capital gain donations exceed 30% AGI (some will rollover to 2025). My 2024 cash donations slightly exceed 30% AGI (this will reduce capital gain deduction somewhat). But TurboTax deluxe 2024 download for Mac is reducing the capital gain deduction so the total deduction is only 50% of AGI; it should be 60%. The Charitable Deduction Limit Worksheet puts my capital gain donations on line 5 (subject to 50% limit) instead of on line 2 (for any qualified organization), and puts my cash donations on line 7 (50% limit organizations) instead of line 1 (60% limit organizations). How do I correct these errors in the Charitable Deduction Limits Worksheet?
posted
last updated
February 24, 2025
2:02 PM