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mizja
New Member

I donated 4 gravesites to a church, valued at $4995 each for a total of $19980. It took the total donation. I am not sure if I need to carry it forward, what should I do?

donated 4 gravesites, do I carry them forward or take the total donation?

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bwa
Alumni
Alumni

I donated 4 gravesites to a church, valued at $4995 each for a total of $19980. It took the total donation. I am not sure if I need to carry it forward, what should I do?

If entered properly in the program, the program will automatically compute any contribution carryovers.  You don't need to do it. 

(If $4,995 is the cost of each property you likely would have no carryover if your adjusted gross income is greater than $40,000.)

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1 Reply
bwa
Alumni
Alumni

I donated 4 gravesites to a church, valued at $4995 each for a total of $19980. It took the total donation. I am not sure if I need to carry it forward, what should I do?

If entered properly in the program, the program will automatically compute any contribution carryovers.  You don't need to do it. 

(If $4,995 is the cost of each property you likely would have no carryover if your adjusted gross income is greater than $40,000.)

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