Charitable contribution carryover?

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Apr 14, 2024
3:53:45pm

NanoFab Coug All-American

Charitable contribution carryover?

I’m not sure if there’s provision to carry over charitable contributions like capital losses…

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NanoFab Coug

Previous username: bdoggy
Bio page: NanoFab Coug
Joined: Apr 30, 2007
Last login: Oct 31, 2024
Total posts: 37,316 (6,215 FO)

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Messages

Author

Time

Tax question: If I took the standard deduction previous years but am itemizing

EarlSpeak

Apr 14, 3:51pm

I wish.

Tare

Apr 14, 3:53pm

No. But I believe you pay pay all of last year’s tithing on January 1 and then

brazilcoug

Apr 14, 3:53pm

You pay 2-x yrs tithing using a QCD if you like

charles

Apr 14, 3:57pm

That's right. You can only use charitable donations as itemized deductions in the year they were actually donated. But

dilbert

Apr 14, 4:12pm

I'm told that the last situation applies to pretty much everybody on CB

Apr 14, 4:23pm

No

RGGeemer

Apr 14, 3:53pm

Charitable contribution carryover?

Apr 14, 3:53pm

There is, but only if your contribution was limited by AGI.

JJCoug

Apr 14, 3:58pm

Yes, there is but only when denied due to exceeding the AGI threshold

SayMyName

Apr 14, 3:58pm

Ha ha ha ha ha ha ha! You funny man. Ha ha ha ha ha ha ha.

TeeKaa

Apr 14, 4:03pm

No. The trick is to make charitable donations every other year.

justAnotherCoug

Apr 14, 4:19pm

I took 2018’s charitable taxes for this year. Anything works.

Apr 14, 4:57pm

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