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.

Prior year charitable cash deductions come across as non cash !

I saw this same problem posted about a week ago from the online version, I have Turbo Tax Premier/Mac

 

I have been doing my Mom's taxes for years in Turbo Tax. She had cash carryover charitable deductions from prior years. She has never had a non-cash charitable deduction, actually., I did just verify her 2021 return is correct, showing all carryovers as cash. Yet Turbo Tax 2022 carried them over as non-cash!

 

What should I do - wait for an update? Manually enter them (Charitable Donations Carryover from 2021update, zero out the non cash boxes on "Let's start with carryovers for non-cash donations", and then put the right amounts in "Now let's look at cash donation carryovers")? Anything else I need to do?

 

Thanks! 

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 Best answer

Accepted Solutions
JulieS
Expert Alumni

Prior year charitable cash deductions come across as non cash !

Yes, you should make the correction manually. 

 

Exactly as you stated, delete the non-cash carryover amount and enter the amount in as a cash carryover. That is all you need to do to correct the return. 

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

View solution in original post

4 Replies
JulieS
Expert Alumni

Prior year charitable cash deductions come across as non cash !

Yes, you should make the correction manually. 

 

Exactly as you stated, delete the non-cash carryover amount and enter the amount in as a cash carryover. That is all you need to do to correct the return. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
3366817166
Returning Member

Prior year charitable cash deductions come across as non cash !

This is a GREAT post.  THANK YOU.  However, I have the same question, for those using desk top versus On-Line versions of Turbo Tax.  I was hammered when my 2021 return was adjusted by the IRS for a "calculation error" on my return.  As a result of your post, I now understand what happened.  Since I have used Turbo Tax for several years, my 2021 return showed NON-CASH carryover which I knew I had NEVER had.  This handling of prior carryover  (line 6 on Charitable Deduction Limits Worksheet  For Carryover Contributions) by Turbo Tax, ,resulted in my 2021 deduction be be grossly overstated on my 1040 schedule A.  How do I keep this form happening again on my 2022 return and later returns?

3366817166
Returning Member

Prior year charitable cash deductions come across as non cash !

How do I make that adjustment using desktop Turbo Tax?  I have that same situation.

RobertB4444
Employee Tax Expert

Prior year charitable cash deductions come across as non cash !

In TurboTax desktp-

 

-Go to Deductions and credits

-Scroll down to Charitable Donations

-The second button is 'Charitable Donations Carryover from 2021

-Click on the start button

-The first thing to pop up is non-cash carryovers.  Delete the amounts here.

-The next page is cash donation carryovers.  Enter the amounts here, where they should have been.

-Continue answering the questions until you finish the section.

 

@3366817166 

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question