Is there a recommended way to model non-cash donations?
In my case, I have a six-figure conservation easement that will should happen in '25 (could have happened in '24 but the wheels on these things turn slowly). The property is already purchased so no cash outlay but plenty of contribution to deduct. There doesn't seem to be a straightforward way to say 'this contribution doesn't consume cash'.
The best I could guess at is to model this as a one-time contribution with a matching one-time non-taxable income item, but this does make the graphs funny as your income and expense has a bubble for the year(s) you're claiming the deduction.
Related question not mentioned in the manual, are the 50%/30%/etc. of AGI limits on contributions modeled in the federal tax calculation?
Charlie
@chashm There is no feature currently implemented for making non-cash donations, and I can't think of a better way to model it than you did. Neither of the Pralana tools model any limitations on contributions when performing federal tax calculations.
Stuart
