mickrhonda
Level 1
01-15-2021
09:05 AM
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where do I enter the standard deduction charitable donation amount
George4Tacks
Level 15
01-15-2021
09:25 AM
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Schedule A > Contributions > also look for a check box about your question.
Answers are easy. Questions are hard!
itonewbie
Level 15
01-15-2021
09:39 AM
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Morning, George. The OP who uses Lacerte probably caught you at the early hours. 😉
The Lacerte equivalence is the Cash Contributions section of Screen 25.
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IRonMaN
Level 15
01-15-2021
09:42 AM
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I've been meaning to ask you guys, what is on screen -1 in Lacerte? 😑
Slava Ukraini!
George4Tacks
Level 15
01-15-2021
09:42 AM
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That's what I said, just not as eloquently. I will add this from the F1 help button
"1=deduct charitable contributions if taking the standard deduction
Schedule A Current Year Contributions Screen 25; Code 1420
Enter 1 to both force the standard deduction and to deduct the lesser of $300 or the amount of current year charitable cash contributions entered."
Answers are easy. Questions are hard!
"1=deduct charitable contributions if taking the standard deduction
Schedule A Current Year Contributions Screen 25; Code 1420
Enter 1 to both force the standard deduction and to deduct the lesser of $300 or the amount of current year charitable cash contributions entered."
Answers are easy. Questions are hard!
itonewbie
Level 15
01-15-2021
09:45 AM
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@IRonMaN wrote:I've been meaning to ask you guys, what is on screen -1 in Lacerte? 😑
Theoretically, that should bring you to the home screen since -1 is technically 0. 😂
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IRonMaN
Level 15
01-15-2021
09:47 AM
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I was just thinking about that when I saw this post because I just received my latest commission check from Intuit for $-1.
Slava Ukraini!
itonewbie
Level 15
01-15-2021
09:51 AM
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I'd keep that if I were you. Could be worth something, someday, as a rare collectible. /s
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abctax55
Level 15
01-15-2021
11:03 AM
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One ( or -1 ) is the loneliest number....
HumanKind... Be Both