How to elect 60% AGI charitable cont. limit, not the allowable 100% AGI limit? I understand rules, will need greater carryover in 2022. Can TT correctly show this?

[taxes2002-]

I don't need 100% AGI deduction to 50% charities, but will use the greater carryover in 2022. Is this beyond the $119 option on Turbo Tax?   

[Anonymous_]

@Critter-3 ?

[Critter-3]

That was for 2020 only right ?  https://www.irs.gov/charities-non-profits/charitable-organizations/charitable-contribution-deduction....

 

Temporary Suspension of Limits on Charitable Contributions

In most cases, the amount of charitable cash contributions taxpayers can deduct on Schedule A as an itemized deduction is limited to a percentage (usually 60 percent) of the taxpayer’s adjusted gross income (AGI). Qualified contributions are not subject to this limitation. Individuals may deduct qualified contributions of up to 100 percent of their adjusted gross income. A corporation may deduct qualified contributions of up to 25 percent of its taxable income. Contributions that exceed that amount can carry over to the next tax year. To qualify, the contribution must be: 

• a cash contribution;
• made to a qualifying organization;
• made during the calendar year 2020

Contributions of non-cash property do not qualify for this relief. Taxpayers may still claim non-cash contributions as a deduction, subject to the normal limits.

The Coronavirus Tax Relief and Economic Impact Payments page provides information about tax help for taxpayers, businesses, tax-exempt organizations and others – including health plans – affected by coronavirus (COVID-19).