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Level 4
March 31, 2024
Solved

1120S K-1 50% charity transfer to Schedule A

  • March 31, 2024
  • 1 reply
  • 7 views

Anyone having 50% charitable contributions on the 1120S K-1 input page transferring as type c 100% deductible charitable contributions on Schedule A?

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Best answer by IRonMaN

Actually, I believe the number is at 10,139 - not that I'm counting.

1 reply

dascpa
Level 11
March 31, 2024

10,000 posts already on this.  Don't enter this on the K-1 input. Post it directly on Schedule A.

IRonMaN
IRonMaNAnswer
Level 15
March 31, 2024

Actually, I believe the number is at 10,139 - not that I'm counting.

Slava Ukraini!
ckevinAuthor
Level 4
April 1, 2024

In my defense...lol...I did try to search to see if someone else had reported. I couldn't find.

Thanks to both of you for the reply.

Slava Ukraini!  Agreed. My wife is Ukrainian. I've been there many many times.