Cash Contributions Limitations Worksheet
1
There is a limitation for charitable contributions as an itemized deduction on Schedule A.

The charitable contribution amounts are reported on Schedule A, Lines 16, 17, and 18. The contribution limitation on Line 19 is computed on the Charitable Contribution Limitation Worksheet. Contributions are compared with the adjusted gross income on IRS Form 1040.

To view the worksheet in TaxACT Online: 
  1. Sign in to your TaxACT Online return
  2. Click the My Return button in the top right corner
  3. Click Print Center, then click Custom Print
  4. Check the box next to Federal Schedule A/Schedule ANR Contribution Limitations - Contribution Limitation Worksheet
  5. Click the Print button and then click the PDF link. The item will appear in a PDF read-only format. At that time you can click the printer icon on the screen to actually print, or close the window without printing.

NOTE: If, after you click Custom Print in Step 3 above, you see the message "No forms (or documents) available to print," you will need to click View/Pay your return fees which will bring you through the Paper Filing steps. Continue through those screens until you have processed the payment for your product fees.

To view the worksheet in TaxAct Desktop:
  1. Start your TaxACT Desktop program
  2. Click the Forms button in the top left corner 
  3. Expand the Federal folder, then expand the Worksheets folder
  4. Scroll down and double-click Schedule A/Schedule ANR Contribution Limitations - Contribution Limitation Worksheet
  5. Click the Printer icon in the toolbar 

In the print dialog box that appears you are able to choose if you wish to send the output to a printer or a PDF document. If you wish to only print preview the document, check the Print Preview box. Once the print preview window opens, click the Print button to actually print the document.

The Charitable Contribution Limitation Worksheet will reflect the calculation of the limited amount which flows to Line 19 of federal Schedule A. Along with reflecting the current year's limitation, it will also show the carryover from the prior year and the carryover to the following year.

If the current year's information is imported into next year's TaxACT return, the amount showing as Total Contribution Carryover will appear on the worksheet as a carryover from a prior year and will automatically transfer to Line 18 of federal Schedule A.