$600 contribution deduction for MFJ in 2020

Forum|Forum|5 years ago
November 19, 2020
1 reply
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The software did not allow me to enter $600 on line 10b of the 1040 worksheet. It allows only $300. Advise how to enter $600 for MFJ.

ProSeries Professional

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Best answer by TaxGuyBill

Unless I missed it, there is no indication that Joint filers can use $600

The CARES Act seems a bit murky in this regard and just said $300. From what I remember, I think I read that the congressional notes ("blue book") says $300 on a Joint tax return. So unless the IRS clarifies it, it is limited to $300 per tax return.

Many charitable organizations are claiming that $600 is deductible for joint return because they want larger contributions. But as far as I know, there is no indication from Congress or the IRS that $600 is allowed.

T

TaxGuyBillAnswer

Level 15

Unless I missed it, there is no indication that Joint filers can use $600

The CARES Act seems a bit murky in this regard and just said $300. From what I remember, I think I read that the congressional notes ("blue book") says $300 on a Joint tax return. So unless the IRS clarifies it, it is limited to $300 per tax return.

Many charitable organizations are claiming that $600 is deductible for joint return because they want larger contributions. But as far as I know, there is no indication from Congress or the IRS that $600 is allowed.