turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cyndyjk
New Member

Why didn't my charitable deductions lower my taxes due when I imported them in from its deductibleonline.com?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Melaine
New Member

Why didn't my charitable deductions lower my taxes due when I imported them in from its deductibleonline.com?

Remember, you can only deduct charitable expenses when you itemize on a schedule A.   When you do itemize, the amount must be more than the standard deduction for your filing status.  If your standard deduction is more, you will not see any change in the amount of taxes due as the charitable deductions would not be included.  Also, you will not receive full value for your donations, only a percent, based on the charity you donated to.  To learn more please read Tax Deductions and Charitable Contributions.

View solution in original post

1 Reply
Melaine
New Member

Why didn't my charitable deductions lower my taxes due when I imported them in from its deductibleonline.com?

Remember, you can only deduct charitable expenses when you itemize on a schedule A.   When you do itemize, the amount must be more than the standard deduction for your filing status.  If your standard deduction is more, you will not see any change in the amount of taxes due as the charitable deductions would not be included.  Also, you will not receive full value for your donations, only a percent, based on the charity you donated to.  To learn more please read Tax Deductions and Charitable Contributions.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies