Where in the 2021 online TurboTax do you designate a charity as a 50% limit organization?

[LarryEngel]

I have seen screen shots from the 2020 program, but I am not seeing this question asked in 2021. The problem is that TT is calculating the Charitable Contributions Worksheet incorrectly because it thinks all the contributions are on line 2 of the Worksheet, whereas some should be on line 5. Thank you very much for any suggestions.

[DianeW777]

The information box in TurboTax will show the detailed allowable contributions (see image below). It's unusual for a 30% or 20% limit to be considered.

You can also use the IRS Publication 526 and the IRS tool for searching their list.

• Tax Exempt Organization Tool

The amount you can deduct for charitable contributions is generally limited to no more than 60% of your adjusted gross income (AGI). Your deduction may be further limited to 50%, 30%, or 20% of your AGI, depending on the type of property you give and the type of organization you give it to. A higher limit applies to certain qualified conservation contributions and qualified cash contributions for 2021.

[LarryEngel]

Thanks Diane for the response...unfortunately this still doesn't get to the crux of my problem. This was a gift of appreciated stock to what the IRS tool says is a 50% charity. Last year, TT correctly noted it as a "50% charity, 100% donation" in the Charitable Organization Worksheet. This year, TT is considering the same stock gift to the same charity as a "Other than 50% Charity." I have looked at the IRS tool, and it is a 50% charity. The consequence of this incorrect classification is that Charitable Deductions Limit Worksheet limits the amount that can be donated to up to 20% of AGI. Whereas last year it was 30% (since it was on line 5, not line 2). I don't understand what I do in Turbo Tax to make sure it is a 50% charity, which was correctly done last year. THank you for your assistance. 

[DaveF1006]

To clarify, what is the name of the Charity?

@LarryEngel

[LarryEngel]

Thanks Dave for helping out. 

It's Fidelity Investments Charitable Gift Fund, a DAF. I checked on IRSs site and it's a standard 50% charity. 

I tried something last night that seemed to have worked. I deleted the direct entry items and entered the contributions into ItsDeductible and imported from there. That categorized them correctly (fully deductible).