Comment
04-11-2025
05:13 PM
04-11-2025
05:13 PM
ProConnect is not correctly applying charitable contribution carryovers in accordance with IRS guidelines outlined in Publication 526. Instead of using the oldest carryovers first—as permitted—ProConnect is applying the current year’s contributions before utilizing carryovers from prior years. As a result, my client’s fifth-year carryover is at risk of expiring unused, leading to a permanent loss of that deduction.