I am using TurboTax 2021 Deluxe version and the charitable deduction for married filing jointly is only $300, not the $600 as allowed by the IRS. When will TurboTax be updated to reflect the new numbers?
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It will be updated before you can efile ... 1/6 or later.
It still isn't updated??
I just downloaded the latest updates to Deluxe and line 12b still says $300 and not $600.
Guess we have to wait longer. :(
Still not updated on 1/22/2022??????
@arnibarsky wrote:
I just downloaded the latest updates to Deluxe and line 12b still says $300 and not $600.
Guess we have to wait longer. :(
I am running TurboTax Premier for Windows Version 021.000.0407 and only see this error if I entered a Charitable Donation in the Deductions & Credits section and am only eligible for the Standard Deduction.
To remove the error I went into Forms mode and deleted the Charitable Organization Worksheet. Then on the Form 1040 Worksheet for Line 12b removed the $300 amount so Line 12b is now blank (empty).
Going back to Step-by-Step I completed the Deductions & Credits section without entering anything for a charitable donation. Continuing through the screens until landing on the screen labeled Charitable Cash Contributions under Cares Act, I entered $600. Continued through Final Review without error.
Thanks.
That is quite a work-around. Shouldn't have to go through all those steps!
I'll wait until its fixed.
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