Canonm
Level 3
12-04-2020
05:49 PM
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The new form 1040 for TY 2020 has two new lines. However, I cannot find the entry points for the data. The lines are
Line 10b. Charitable Contributions If you don't take standard deduction
Line 30. Recovery rebate credit.
Or will the entry points be made available with a later release? Thanks, Mike.
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abctax55
Level 15
12-04-2020
05:53 PM
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The program is not ready for prime time...so wait for next weeks update. MANY things aren't available yet.
HumanKind... Be Both
rbynaker
Level 14
12-04-2020
08:37 PM
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I would expect (hope?) that the charitable contribution entered for Schedule A will automatically flow to 10b (and be limited to $300) if the taxpayer does not itemize.
