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Newk120
Level 2

Form 2210AI line 7 is picking up the Standard Deduction line 12a from Form 1040. It should be picking up line 12c which includes Charitable Contribution of $300 or $600..

 
4 Replies
MaryK1101
Employee Tax Expert

Form 2210AI line 7 is picking up the Standard Deduction line 12a from Form 1040. It should be picking up line 12c which includes Charitable Contribution of $300 or $600..

The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed and is Line 12a on the 2021 1040. 

 

The form Line 7 reads "In each column, enter the full amount of your standard deduction from Form 1040 or 1040-SR, line 12."   The 12b amount is for the charitable deduction for cash contributions made in 2021, which is an adjustment to income, and is not part of the standard deduction- so you do not use the 12c amount.

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Newk120
Level 2

Form 2210AI line 7 is picking up the Standard Deduction line 12a from Form 1040. It should be picking up line 12c which includes Charitable Contribution of $300 or $600..

Your adjusted gross income is on 1040 line 11, that amount gets populated to line 1 of 2210AI automatically. If you don’t use 12c to account for the $300 or $600 Charitable Contribution where does it get put in on 2210AI? Last year they did subtract the $300 from your income on form 1040 and the result went into line 1 of 2210AI, not this year.

BillM223
Employee Tax Expert

Form 2210AI line 7 is picking up the Standard Deduction line 12a from Form 1040. It should be picking up line 12c which includes Charitable Contribution of $300 or $600..

You are correct that last year's software (for tax year 2020) did take the $300 or $150 cash charitable contribution into account. Note, however, that this change was made in late January because Congress was constantly moving the goal posts on all sorts of tax issues. In fact, the IRS updated the instructions to explain this in January, after filing has started.

 

At the moment, form 2210 is scheduled to be released on March 17, 2022. When the forms are updated and released, then I would expect issues like this to be updated. Since this was such a late change last tax season, I would expect that this issue will be carefully reviewed this year before the form is released.

 

There are many such issues being asked about here early in the tax season. Check the availability of the federal forms when asking questions, because it is likely that many of these issues will be resolved when the form (and its accompanying software) is finally released for use.

 

 

@Newk120

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Newk120
Level 2

Form 2210AI line 7 is picking up the Standard Deduction line 12a from Form 1040. It should be picking up line 12c which includes Charitable Contribution of $300 or $600..

Thanks. I hope it includes 2210AI and not just 2210's problem with the dates.

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