Excess charitable contributions
Charitable contributions that exceed the adjusted gross income limitation can be carried forward up to five years. Carryover contributions are subject to the original percentage limits. They are deducted after contributions for the current year, and the earliest carryover is used first. If you claim the standard deduction the carryover amount is reduced by the amount that could have been claimed had you itemized deductions. Whether or not you claim standard or itemized deductions is up to you. TurboTax will help you decide which one helps you the most.