My LLC made a donation to a scholarship fund that is a charity, it give you a state tax credit for up to 75% of the amount given which you cannot take the deduction on you Federal taxes. The other 25% you can take on your Federal taxes. $3000 was made by check I only can put in the Charitable contributions the $750 the other $2250 makes the Capital and balance sheet off. Is there a way of entering an off set in Turbo Tax that will correct the for the 2250 or will I just have to be off on my quickbooks accounts?
Thanks
