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When I reached the Charitable Cares Act screen during the final questions on my Federal return, the “money” box is shaded showing $1,750. This is the total amount of my cash contributions but it is more advantageous for me to take the two standard deductions which I am doing. Do I leave the “money” box alone and hit Continue OR do I override the $1,750 and type in $300? 🥴
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You can hit Continue and move forward with your return. The $1750 indicates that you gave that amount to charity, but TurboTax will automatically limit the amount to $300 for taxpayers using the standard deduction.
You can go to Forms Mode and verify this by checking Form 1040 line 10b. It should show $300.
You can hit Continue and move forward with your return. The $1750 indicates that you gave that amount to charity, but TurboTax will automatically limit the amount to $300 for taxpayers using the standard deduction.
You can go to Forms Mode and verify this by checking Form 1040 line 10b. It should show $300.
Thank you for your help. Hoping to avoid the dreaded eFile reject. Fingers crossed.
Your instructions worked and TT okayed my Federal return. I can see the $300 where you said it would be on our 1040.
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