I was preparing my taxes and a prompt encoruaged me to enter my donations to charity even though I do not itemize. I was never prompted to enter those. How does it happen?
You'll need to sign in or create an account to connect with an expert.
If you made charitable donations, enter them when prompted. You may be eligible for a reduction of taxes, on you federal and maybe on your state return.
They are reported on form 1040, line 13. This item for this line is limited to $300 for an individual, or $600 for a joint return.
**Say "Thanks" by clicking the thumb icon in a post
This is a new tax law that began last year for 2020 tax returns. The IRS allows either a $300 or $600 (MFJ) deduction for cash donations to charity - you can take this deduction even if you take the standard deduction. So, if you gave money to charity and you normally can't deduct it because you take the standard deduction - you can now get a deduction for that.
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to charity. The new law generally extends through the end of 2021 four temporary tax changes originally enacted by the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
For more info, see IRS Expanded Benefits
When you finish the Deductions and Credits section and after you confirm you are taking either the standard or itemized deduction, TurboTax will ask about the deduction if you are taking the standard deduction.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Simonr78248
New Member
rockwellkgirl
New Member
stacie61
New Member
cynbush2022
New Member
april15comingsoo
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.