Kavkam
New Member

Gifts of capital property - amount not showing as a donation

I made a donation of some stocks (with a capital gain) - i have entered in the amount in the capital gains section (choosing T1170 as the option).  Then when I go to the donations profile and enter in the amount of the capital donations nothing happens.  It doesn't recognize the amount as a donation and it doesn't reduce my taxes payable.  What am I doing wrong?

Troubleshooting

Are you using TurboTax CD/Download or TurboTax Online?

Kavkam
New Member

Troubleshooting

oh!  apologies - deluxe online version

Kavkam
New Member

Troubleshooting

Any insight?  It is definitely not picking up the donation of the capital property as a donation amount.......

Troubleshooting

For more help with this issue, please contact our phone support team at 1-888-829-8608 as they will be better able to assist you.

Kavkam
New Member

Troubleshooting

I already contacted them and they were of limited / no help.  I asked for this to be escalated and have yet to hear back from anyone....

Troubleshooting

As per your file there was an unsuccessful call back. We have requested another callback.

 

Thank you for your patience and for choosing TurboTax.