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posted Feb 5, 2021 12:27:43 PM

Why does 1040 LINE 10b $300 message has this is unacceptable value

I have over $500 in deductions and CARES act says I can deduct 300 even though I am not itemizing... but keep getting error message

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1 Replies
Expert Alumni
Feb 7, 2021 7:22:36 AM

To correct this, only enter $300. The CARES Act does allow a deduction of $300 for qualifying cash contributions even when taking the standard deduction.

 

For more information, see IRS Charitable Contributions Deductions