Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Individual Worksheet for Limit of Charitable Contributions 2020
Individual Worksheet for Limit of Charitable Contributions 2020
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
don90630
Level 2
04-05-2021
11:49 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Line 9 refers to noncash contributions to 50% limit organizations. I believe it should also refer to cash contributions.
Line 10 refers to cash contributions to 50% limit organizations that you elected not to treat as qualified contributions. I believe it should refer to cash contribution to 60% limit organizations.
Lines 15 through 18 refer to noncash contributions subject to the limit based on 50% of AGI. I believe they should also refer to cash contributions.
The amounts Lacerte is entering on those lines are properly cash contributions and the resulting carryovers are correct.
What am I missing?
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
don90630
Level 2
04-05-2021
12:03 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
P.S. The Lacerte worksheet follows the IRS worksheet. If wording needs to be changed, the IRS needs to make the change.
