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You can import the charitable donations made in 2020 from ItsDeductible into TurboTax 2020 when you file the 2020 tax return next year in 2021.
Go to this website for ItsDeductible - https://turbotax.intuit.com/personal-taxes/itsdeductible/
Hi - Can you verify that for Tax Year 2020 deductions may be as great as 100% of AGI, please? Do deductions have to be made by EOY 2020? Thanks.
@Bax35 wrote:
Hi - Can you verify that for Tax Year 2020 deductions may be as great as 100% of AGI, please? Do deductions have to be made by EOY 2020? Thanks.
Cash donations may be deducted up to 100% of AGI. The usual limits apply to non-cash donations.
Donations must be made in calendar year 2020, there has been no change to the provisions that donations are treated as of the date they are actually paid.
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