Menu

Search

Knowledge Base


10082: Charitable Contributions


Fed Returns Generally

Where do I enter charitable contributions?

 

Data entry depends on the return type and whether the contribution is cash or non-cash:

Individual (1040)

Itemizers

In prior years, individual taxpayers could generally only deduct charitable contributions if they choose to itemize their deductions. Available data entry for an individual return are as follows:

  • Cash charitable contributions may be entered on the screen, line 11.
  • Non-cash Charitable Contributions of less than $500 may be entered on screen A, line 12. 
  • Non-cash Charitable Contributions of greater than $500 must be entered on screen 8283, located on the Adjustments tab
  • Charitable contributions carried over from a prior year can be entered using the link beside line 13 on the A screen; see Related Links below for details. 

Allowable amounts flow to Schedule A in view mode, if produced. If the deduction is limited, refer to Wks CCLMT to view the limitation calculation.

Non-itemizers 

In Drake20 and Drake21, an above the line charitable contribution deduction is allowed for those who are taking the standard deduction. An entry can be made on the screen line 11 Qualified cash contributions and the allowable amount will show on Form 1040, line 10b.

  • In Drake20, the amount is limited per the IRS to:
    • $300 if single, head of household, or qualifying widow(er);
    • $300 if married filing jointly; or
    • $150 if married filing separately
  • In Drake21, the amount is limited to:
    • $300 if single, head of household, or qualifying widow(er); or married filing separately, or
    • $600 if married filing jointly.
    • For tax year 2021, there is no AGI limitation for the charitable contribution deduction.​

Notes:  

  • The Schedule C instructions, part V states "Do not include charitable contributions."
  • In Drake17 and prior, cash charitable contributions may be entered on the A Itemized Deductions Schedule screen, line 16. Non-cash Charitable Contributions of less than $500 may be entered on screen A, line 17. Non-cash Charitable Contributions of greater than $500 must be entered on screen 8283, located on the Adjustments tab. 

For a demonstration, watch the video Charitable Contributions CarryoverFor more information about itemizing deductions, see the Schedule A Instructions

Fiduciary (1041)

Per the 1041 instructionsany part of the gross income of an estate or trust (other than a simple trust) that is paid (or treated as paid) during the tax year for a charitable purpose specified in section 170(c) is allowed as a deduction to the estate or trust. Enter charitable contributions on screen Schedules A, B, & G, under Schedule A - Charitable Deductions.

Partnership (1065)

Enter cash charitable contributions on the K screen > Deductions tab, lines 13a A-G.

Enter non-cash contributions on screen 8283 (Other Forms tab), which can be opened with the link on the K screen.

This carries amounts to Schedule K-1 so the partners can report the amounts on their returns.

S-corp (1120-S) 

Enter cash charitable contributions on screen K > Deductions tab, lines 12a A-G.

Enter non-cash contributions on screen 8283 (Other Forms tab), which can be opened with the link on the K screen.

This carries amounts to Schedule K-1 so the shareholders can report the amounts on their returns.

Corporate (1120)

Enter cash charitable contributions on the DED Deductions screen, line 19. This entry adjusts any amounts flowing from a K1P screen, line 13, codes A or B. 

Enter non-cash charitable contributions on screen 8283 (second Other Forms tab).


Related Links


Also In This Category


Details
Article has been viewed 45K times.
Last Modified: 2 days ago @ 12:49 PM
Options