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 11, 12, 13 and 14. The contribution limitation on Line 14 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. From within your TaxAct Online return, click Print Center in the left column.
  2. Click Custom
  3. Click the checkbox(es) to the left of what you wish to print (the top section contains individual forms or schedules and the bottom section contains documents or worksheets). You may need to scroll down in the section to locate the item. 
  4. Click the Print button and then click the PDF link. Click the printer icon or the save icon (available when you hover your mouse over the bottom of the PDF form) to print or save the PDF copy.

Note: If you see a message indicating you have not paid your return fees, click the View/Pay link, which will direct you through the Paper Filing steps. Continue through the screens until you have processed the payment for your product fees and then repeat the steps to print. 

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 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 14 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 13 of federal Schedule A.