turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Lengli
New Member

Charitable donations deductions

As MN includes all net capital gains income in taxable income, can I use charitable donations to help lower the taxable income? Is there a limit to how much one can deduct from charitable donations?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MayaD
Employee Tax Expert

Charitable donations deductions

Minnesota allows its own subtraction, including 50 percent of charitable contributions over $500 (for filers who do not claim federal itemized deductions only).

To determine your allowable contributions, check the instructions for Schedule M1SA

Charitable Giving Relief Act

 

You can report your donations on your MN state return:

  1. Open your return.
  2. Continue to the screen Tell Us About Other Income Adjustments
  3. Select Had charitable Donations
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question