My software wants me to put on the Gift Tax Return the charitable contributions made by each individual. How shall I allocate their total charitable contributions?
Do I have to figure out whose account each donation came from?
Do I split the Sch A chartiable deduction on their joint return arbitrarily and if so how?
What effect does the Sch A deduction have on their gift tax situation?
Thank you for all answers.
Do I have to figure out whose account each donation came from?
Do I split the Sch A chartiable deduction on their joint return arbitrarily and if so how?
What effect does the Sch A deduction have on their gift tax situation?
Thank you for all answers.
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