2022 Qualified Charitable Cash Contributions Now 60% AGI

[PMH54]

Why has TT not corrected the 2022 Qualified Charitable Cash Contribution limit to 60%? It tells me I'm good to 100% AGI for 2022 which is completely wrong. Then again I guess they have until 1/23/2023 to correct it. But why?

[ee-ea]

Your posting has been brought to the attention of a Moderator.

[Critter-3]

Sch A is still being worked on ... estimated date to be ready is 1/26. Check back again then. 

[PMH54]

It is 1/26/2023. After applying the most recent update, Schedule A no longer has the watermark saying it is not ready to file. The issue does not appear to have been corrected./

[CarissaM]

What happens when you try to prepare and file your return?

[PMH54]

1/29/2023; @CarissaM : TT allows me to enter Qualified Charitable Cash Contributions greater than 60% of AGI. It then loads that number into Schedule A and applies the illegal deduction to my 1040 -SR, Line 12. As to the second part of your question, why would I want to try and file a return that I know is incorrect?

[PMH54 · Accepted solution]

1/29/2023 Rev.1; I don't know what changed, but TT now appears to be limiting the cash deduction to 60% of AGI.