Worksheet 2. Applying the Deduction limits

This is an example of the worksheet used to determine the limit on deductions (if any) that can be claimed by a taxpayer. Note: If the result on any line is less than zero, enter zero. For other instructions, see Instructions for Worksheet 2. The line items to be completed are:

Step 1. Enter any qualified conservation contributions (QCCs).

1. If you are a qualified farmer or rancher, enter any QCCs eligible for the 100% limit

2. Enter any QCCs not entered on line 1. Do not include this amount on line 3, 4, 5, 6, or 8

Step 2. List your other charitable contributions made during the year.

3. 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 or 2

4. Enter your contributions to 50% limit organizations of capital gain property deducted at fair market value

5. Enter your contributions (other than of capital gain property) to qualified organizations that are not 50% limit organizations

6. Enter your contributions “for the use of” any qualified organization. (But do not enter here any amount that must be entered on line 8.)

7. Add lines 5 and 6

8. 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 3 or 4.)

Contributions not to 50% limit organizations

14. Add lines 3 and 4. Enter in column 1

15. Multiply line 9 by 0.3. Enter in column 1. This is your 30% limit

16. Subtract line 14 from line 10. Enter in column 1

17. Enter the smallest of line 7, 15, or 16 in column 2

18. Subtract line 17 from line 7. Enter in column 3

19. Subtract line 17 from line 15. Enter in column 1

Other contributions

24. Multiply line 9 by 0.2. Enter in column 1. This is your 20% limit

25. Enter the smallest of line 8, 19, 22, 23, or 24 in column 2

26. Subtract line 25 from line 8 Enter in column 3

27. Add lines 11, 17, 20, and 25. Enter in column 1

28. Subtract line 27 from line 10. Enter in column 1

29. Enter the smaller of line 2 or line 28 in column 2

30. Subtract line 29 from line 2 Enter in column 3

31. Subtract line 27 from line 9. Enter in column 1

32. Enter the smaller of line 1 or line 31 in column 2

33. Add lines 27, 29, and 32. Enter the total here (in column 2) and on Schedule A (Form 1040), line 16 or line 17, whichever is appropriate

34. Subtract line 32 from line 1. Enter in column 3

35. Add lines 12, 18, 21, 26, 30, and 34. Enter in column 3. Carry this amount forward to Schedule A (Form 1040 next year )

Worksheet 2. Applying the Deduction limits

Step 1. Enter any qualified conservation contributions (QCCs).

Step 2. List your other charitable contributions made during the year.

Step 3. Figure your deduction for the year and your carryover to the next year.

Contributions to 50% limit organizations

Contributions not to 50% limit organizations

Contributions of capital gain property to 50% limit organizations

Other contributions