Refund

[agortmaker]

• I gave away $60000 in charitable giving. How come my refund isn’t bigger? 

[xmasbaby0]

How much tax was withheld from your income?   You cannot get back more than the amount you had withheld.

[agortmaker]

I had almost 24 k in federal tax. 

[SteamTrain]

If it was cash, then it may be limited to 60% of your AGI.  (not sure if the 100% of AGI is allowed for 2024)

If it was for long-term appreciated securities, those may be limited to 30% of your AGI

IF it was for various physical items, those may also have lower %AGI limits.

Unused amount (if limited by the above) will carry-over to be used next year.

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If you are using the desktop software, you can check the "Charity Contrib" worksheet to see if you have hit some limit.

IF you are using the "Online" software, you can also see that worksheet by creating a PDF of your tax file, with all the worksheets from the Print Center....but you'll have to pay for the software first.