I'm a huge advocate for FreeTaxUSA. I ditched the H&RBlock software three years ago and have happily used FTUSA since. However, I wanted to mention a situation that's the subject of discussion on FreeTaxUSA's community forum: The software does not support the 30% of AGI limitation on charitable donations of appreciated capital gain property.
This probably doesn't affect a great number of FTUSA users, but it's something to be aware of, especially if you're recommending it to others.
FreeTaxUSA and the 30% of AGI Limit on Contributions
byu/JohnS43 intax
Posted by JohnS43
1 Comment
Not supported in what sense exactly? As in you would have to keep your own accounting for anything exceeding 30% AGI in the next year, or something else?