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Level 1
posted Oct 29, 2019 10:59:33 PM

Why is my Charitable donation credit different on the summary page than what i entered originally? I entered 5892 but on the summar it states 1680.68

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1 Best answer
New Member
Oct 29, 2019 10:59:34 PM

Your federal charitable donation credit is calculated as follows:  15% on the first $200 = $30.00 plus 29% on the remaining $5,692 = $1,650.68   Thus $30.00 plus $1,650.68 = $1,680.68

You can review the calculation of this credit here  Schedule 9, Donations and Gifts

2 Replies
New Member
Oct 29, 2019 10:59:34 PM

Your federal charitable donation credit is calculated as follows:  15% on the first $200 = $30.00 plus 29% on the remaining $5,692 = $1,650.68   Thus $30.00 plus $1,650.68 = $1,680.68

You can review the calculation of this credit here  Schedule 9, Donations and Gifts

New Member
Oct 29, 2019 10:59:37 PM

Thank you for your question.

Maybe you only require this amount for this year and the rest will be reported to your 2016 return.

You may require more assistance.

Please call us by clicking the following link to the Contact Us page. Then complete the required information. A phone number will appear, along with your incident ID.

Call the number. This will ensure that an appropriate agent is assigned to your query:

https://support.turbotax.intuit.ca/contact/


We look forward to hearing from you.