Donation limits for itemized deductions

[SDC13]

My husband died last August.  I have to file single this year.  We have a big house to downsize.  Have been giving to Goodwill, veterans organizations, Salvation Army, Church and Church school.

I know there is a percentage of AGI that applies to amount I can deduct which I will not know until my 1099’s start coming in.  I read somewhere that if you had more than was allowable by percentage then  there can be a carryover for the following year.  Is that so?

Thanks, SDC13

[John-H2021]

Hello SDC13,

Yes the excess will carryover and you will have 5 years to use it all.

[SDC13]

Thanks,  your answer helped downsize my worry list!

[SDC13]

I sent a thank you and then your answer prompted another question.  Do I list all my donations  during this year (2023) and the excess will carry over or do I just deduct up to the allowed deduction limit based on AGI?

SDC13

[John-H2021]

You would list all of them and the program will figure out the limit and the amount to carryover to next year.