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New Member
posted Jun 3, 2019 12:28:47 PM

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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1 Best answer
Expert Alumni
Jun 3, 2019 12:28:48 PM

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.

1 Replies
Expert Alumni
Jun 3, 2019 12:28:48 PM

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.