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ProSeries is computing 30% AGI limitation on conservation Easement Donation Deduction

geniaharmon
Level 1

I'm trying to enter a donation of conservation easement in ProSeries.   I'm entering on Noncash Contributions Smart Worksheet.  I chose Property Type "n" for "Real Property, Conservation" but the software is limiting the deduction to 30% of AGI rather than 50%.   I've called ProSeries and spent almost 3 hours on the phone with them but no one can help me or understand this.   I was told to just "override" it.   I don't like overrides - especially with electronic filing.    Has anyone else had this issue?   If so - how did you resolve it.   

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3 Comments 3
BobKamman
Level 15

You can pray for grace to accept with serenity the things that cannot be changed.  This glitch apparently has been in the software for several years at least, and they aren't going to fix it just for you.  But are you sure you want to file electronically?  You would still have to mail the 8283 signed by the appraiser and the donee. Maybe even the appraisal.  I wouldn't want the meat and potatoes of a return going one place and the gravy going to another.  Especially, when IRS hates conservation easements, because most of them are manufactured by syndicates rife with fraud.  

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Terry53029
Level 15
Level 15

I would just override, and mail it in with all attachments that have to be mailed anyway

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sjrcpa
Level 15

The documents can be attached as pdfs to the efiled return. No mailing needed.


The more I know the more I don’t know.
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