Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 15, 2024 5:35:54 PM

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?

0 6 1921
6 Replies
Moderator
Apr 15, 2024 5:51:47 PM

Are you using TurboTax CD/Download or TurboTax Online?

New Member
Apr 15, 2024 6:06:55 PM

oh!  apologies - deluxe online version

New Member
Apr 17, 2024 12:55:21 PM

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

Moderator
Apr 17, 2024 2:40:37 PM

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.

New Member
Apr 17, 2024 3:11:56 PM

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....

Intuit Alumni
Apr 18, 2024 10:47:55 AM

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

 

Thank you for your patience and for choosing TurboTax.