remcpabsg
Level 2
03-24-2022
09:52 PM
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This instruction from FAQs does not work for me. I cannot find a checkbox, only an override amount. Anybody else experienced this?
- Mark the checkbox labeled Deduct cash charitable contributions if taking the standard deduction (forces the standard deduction).
Thank you
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vmaccounting
Level 2
03-25-2022
09:26 AM
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Go deductions=> Itemized deductions Sch A => Contributions=> 60% Limitation / 100% Qualified Contribution Limitation=> Enter Cash contributions=> Enter $300 if single or $600 if married in next box - Amount of cash charitable contributions to deduct if taking the standard deduction [Override]
George4Tacks
Level 15
03-25-2022
09:55 AM
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That was a box for 2020, it does not exist this year.
The process is automatic for 2021 The input now reads: "Cash contributions (Click on button to expand) (automated for itemized versus standard deduction)"
Answers are easy. Questions are hard!