Contribution Carryover Worksheet

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I have client whom donates lots of cash only to charitable organizations. Why then on the Worksheet for Limit on Charitable Contributions do I see entries on line 9 and 15 which refer to non-cash contributions?

Lacerte Tax

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pat11Answer

Level 5

It is possible that Lacerte proformad as non cash due to the AGI limit change. To better understand the IRS issue with the claim for the contribution tell us on what line the carry forward amount was reported on the 2020 schedule A. The 2020 cash contribution should be deductible up to 100% of AGI. Not sure how to combine that amount with any carry forward amount. George do you know off the top of your head?

Are you trying to get through on the Practitioner line?

This article answers the question on the carry forward and 2020 amounts. Read through and see if you entered correctly. If not you may have to amend to get the desired treatment or adjust to the correct amount.
https://www.thetaxadviser.com/issues/2020/dec/changes-charitable-giving-rules-2020.html

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pat11

Level 5

Sounds like you entered them under the 50% limitation on sc 25.

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ckimball50Author

Level 2

Thanks Pat but I made no entries at all, these were cash donations carryovers from 2017 and it appears that the carryover amount was put on the wrong "Non-cash" line by the software and carried as such to the worksheet. Has never been an issue as the proper amount of carry over was being used. However, at this point the IRS changed the return and disallowed all the carryovers as well as the current 2020 $150,000 cash donations and the recalculated the return using the standard deduction? Been trying to get through to IRS but impossible even on the Hot Line. Thanks for your input at least I was able to verify that wasn't the issue.

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