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If I had charitable deductions in 2017 that were Phased Out due to the Pease limitation, can they be carried over to 2018, seems like they should.

 
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MinhT
Expert Alumni

If I had charitable deductions in 2017 that were Phased Out due to the Pease limitation, can they be carried over to 2018, seems like they should.

Itemized deductions which were reduced by the Pease limitation in 2017 cannot be carried over to 2018.

Only charitable contributions in excess of 50% of your AGI can be carried forward for 5 years.

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1 Reply
MinhT
Expert Alumni

If I had charitable deductions in 2017 that were Phased Out due to the Pease limitation, can they be carried over to 2018, seems like they should.

Itemized deductions which were reduced by the Pease limitation in 2017 cannot be carried over to 2018.

Only charitable contributions in excess of 50% of your AGI can be carried forward for 5 years.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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