Worksheet 2. Applying the Deduction limits
Summary: This is an example of the worksheet used to determine the limit on deductions (if any) that can be claimed by a taxpayer. The line items to be completed are:
Step 1. Enter any qualified conservation contributions (QCDs).

1. If you are a qualified farmer or rancher, enter any QCCs eligible for the 100% limit
field 
2. Enter any QCCs not entered on line 1. Do not include this amount on line 3, 4, 5, 6, or 8
field
Step 2. List your other charitable contributions made during the year.

3. Enter contributions for relief efforts in Midwestern disaster areas that you elect to treat as qualified contributions. Do not include this amount on line 4 below.
field 
4. Enter your contributions to 50% limit organizations. (Include contributions of capital gain property if you reduced the property's fair market value. Do not include contributions of capital gain property deducted at fair market value.) Do not include any contributions you entered on line 1, 2, or 3
field 
5. Enter your contributions to 50% limit organizations of capital gain property deducted at fair market value
field 
6. Enter your contributions (other than of capital gain property) to qualified organizations that are not 50% limit organizations
field 
7. Enter your contributions for the use of any qualified organization. (But do not enter here any amount that must be entered on line 9.)
field 
8. Add lines 6 and 7
field 
9. Enter your contributions of capital gain property to or for the use of any qualified organization. (But do not enter here any amount entered on line 4 or 5)
field
Step 3. Figure your deduction for the year and your carryover to the next year.

10. Enter your adjusted gross income
field 
11. Multiply line 10 by 0.5. This is your 50% limit
field  Under
Contributions to 50% limit organizations:

12. Enter the smaller of line 4 or line 11
field – column 2 
13. Subtract line 12 from line 4
field – column 3 
14. Subtract line 12 from line 11
field – column 1  Under
Contributions not to 50% limit organizations

15. Add lines 4 and 5
field – column 1 
16. Multiply line 10 by 0.3. This is your 30% limit
field – column 1 
17. Subtract line 15 from line 11
field – column 1 
18. Enter the smallest of line 8, 16, or 17
field – column 2 
19. Subtract line 18 from line 8
field – column 3 
20. Subtract line 18 from line 16
field – column 1  Under
Contributions of capital gain property to 50% limit organizations

21. Enter the smallest of line 5, 14, or 16
field – column 2 
22. Subtract line 21 from line 5
field – column 3 
23. Subtract line 18 from line 17
field – column 1 
24. Subtract line 18 from line 16
field – column 1  Under
Other contributions

25. Multiply line 10 by 0.2. This is your 20% limit
field – column 1 
26. Enter the smallest of line 9, 20, 23, 24, or 25
field – column 2 
27. Subtract line 26 from line 29
field – column 3 
28. Add lines 12, 18, 21, and 26
field – column 1 
29. Subtract line 29 from line 12
field – column 1 
30. Enter the smaller of line 2 or line 29
field – column 2 
31. Subtract line 30 from line 2
field – column 3 
32. Subtract line 28 from line 10
field – column 1 
33. Enter the smaller of line 1 or line 32
field – column 2 
34. Subtract line 33 from line 1
field – column 3 
35. Subtract line 33 from line 32
field – column 1 
36. Enter the smaller of line 3 or line 35
field – column 2 
37. Subtract line 3b from line 3
field – column 3 
38. Add lines 28, 30, 33, and 36. Enter the total here and on Schedule A (Form 1040), line 1b or line 17, whichever is appropriate.
field – column 2 
39. Add lines 13, 19, 22, 27, 31, 24, and 37. Carry his amount forward to Schedule A (Form 1040) next year
field – column 3
Close Window