in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
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I'm receiving an itemized charitable deduction, but am ALSO still receiving a $300 charitable deduction for those who claim the standard deduction. As a result, my AGI is $300 too low, which in turn slightly inflates my itemized charitable deduction (300 x .075%). This combination of errors results in a taxable income which is $323 too low.
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Continue through the rest of the interview. When you get to the Smart Check at the end of the federal interview, it will flag the $300 contribution as an error and tell you that it should be blank. Delete the $300 on the Smart Check error screen and click Continue. The problem will be solved.
Apparently this happens if you enter the $300 deduction before you have entered all your itemized deductions, then you go back and enter enough itemized deductions to exceed the standard deduction. I don't think it would happen if you went through the interview strictly in sequence, without going back to an earlier section.
Continue through the rest of the interview. When you get to the Smart Check at the end of the federal interview, it will flag the $300 contribution as an error and tell you that it should be blank. Delete the $300 on the Smart Check error screen and click Continue. The problem will be solved.
Apparently this happens if you enter the $300 deduction before you have entered all your itemized deductions, then you go back and enter enough itemized deductions to exceed the standard deduction. I don't think it would happen if you went through the interview strictly in sequence, without going back to an earlier section.
Yes ... completing the interview out of order will give you some weird situations ... this may be caught in the REVIEW tab and will most certainly be corrected in future updates.
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