Why is the program listing my charitable donation carryover as property instead of cash and therefore to 50% not 60% of AGI?
I listed my charitable carryover in the program but it put them down as 50% instead of 60%. I looked at the carryover form and it doesn't have it in the cash space.
Why is the program listing my charitable donation carryover as property instead of cash and therefore to 50% not 60% of AGI?
Charitable contribution carryovers retain their % limits for the year the contribution was made. So your 2017 (+ prior yr if any) cash contributions were limited to 50% and any carryover retains that 50% of AGI character.