Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
The 'Audit' Note states: "Donations Taxpayer has charitable donations from prior years that are expiring in 2021".
What do i need to do to address or clear this audit note? Should i claim the unused donation from prior year? if yes, on which form should I enter the prior year donation carry forward, to claim it in 2021?
Thanks.
if you are getting a warning then profile has probably already determined that the client or cllents do not need the donations. look at schedule 9 to determine if that is the case. if it is then there is nothing that you can do and just sign off on the warning. it is a shame that they can't be used as they will expire at the end of five years. nothing you can do. hope this helps. just my thoughts. good luck.
Thanks, James. Your comments really help.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here