I closed my sole proprietorship business on 12-31-17, and contributed books to a university. Where do I list this on the turbo tax form?
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You can't deduct a charitable contribution as a Schedule C business expense, but you can put the donation on your Schedule A as an itemized deduction.
For more information, please see the discussion of charitable contributions in IRS Pub 535, Business Expenses and the FAQ below.
You can't deduct a charitable contribution as a Schedule C business expense, but you can put the donation on your Schedule A as an itemized deduction.
For more information, please see the discussion of charitable contributions in IRS Pub 535, Business Expenses and the FAQ below.
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