Under the Tax Cuts and Jobs Act (TCJA), legally married people who take the standard deduction can claim a charitable contribution of $600.00, which I have.
Turbo Tax handles this correctly throughout the data input process. However when you run final review it changes the charitable contribution from $600.00 to $300.00, which was last year’s maximum amount allowed.
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You may qualify for up to a $600 charitable contribution but make sure you pass through all the correct screens.
TurboTax knows you qualify for the standard deduction by reaching the screen Based on what you just told us, the Standard Deduction is best for you. At the section Deductions & Credits, scroll to the bottom of the page and click on Wrap up tax breaks.
Federal 1040 line 12b Charitable Cash Contributions under CARES Act can be entered at either:
However, always pass all the way through both Deductions & Credits and Other Tax Situations.
At Deductions & Credits, scroll to the bottom of the page and click on Wrap up tax breaks.
At the screen titled Charitable Cash Contributions under the CARES Act, make sure that the box contains the amount of the deduction for which you qualify.
At Other Tax Situations, scroll to the bottom of the page and click on Let’s keep going.
[Edited 01/30/2022 13:20 PST]
In the Desktop version:
Online version
Go to Deductions & Credits
Scroll to the very bottom
Select Wrap up Tax Breaks (Online)
Continue through the interview to
Charitable Cash Contributions under Cares Act
Enter your donation.
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