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Form 1120S p3-5: Sch K, Ln 12a

charitabe deduction
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JotikaT2
Employee Tax Expert

Form 1120S p3-5: Sch K, Ln 12a

Assuming you are trying to enter your charitable contributions made by your S-Corporation, you will need to follow these steps to ensure the cash contribution flows to your Schedule K.  

 

  1. To do this, log back into your TurboTax Business account.
  2. Select the Federal Taxes tab.
  3. Then, select Deductions.
  4. Under the section titled Business Expenses, select start or update to the right of Charitable donations.  
  5. On the page titled "Charitable Contributions Summary - Cash", select Add A Contribution.  
  6. You will then be able to enter your charitable contributions.  Your entries here will flow through to your Schedule K on your 1120-S Form.
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