https://ttlc.intuit.com/community/business-taxes/discussion/how-to-enter-in-political-contributions-for-box-17-code-v-of-form-1120s/01/39081#M772 is it deductible for federal or state etc? Sat, 01 Jun 2019 00:31:07 GMT paminVA 2019-06-01T00:31:07Z https://ttlc.intuit.com/community/business-taxes/discussion/how-to-enter-in-political-contributions-for-box-17-code-v-of-form-1120s/01/39081#M772 is it deductible for federal or state etc? Sat, 01 Jun 2019 00:31:07 GMT https://ttlc.intuit.com/community/business-taxes/discussion/how-to-enter-in-political-contributions-for-box-17-code-v-of-form-1120s/01/39081#M772 paminVA 2019-06-01T00:31:07Z https://ttlc.intuit.com/community/business-taxes/discussion/political-contributions-are-considered-a-non-deductible-e/01/39090#M773 <P><B>Political Contributions </B>are considered a <B><U>Non-Deductible Expense</U></B>. &nbsp;If your 1120S Schedule K-1 reports these amounts in Box 17, you <B><I>do not need to input this information</I></B> into TurboTax for your Individual return. &nbsp;It will have no effect on your tax return and should be considered informational only.</P> Sat, 01 Jun 2019 00:31:08 GMT https://ttlc.intuit.com/community/business-taxes/discussion/political-contributions-are-considered-a-non-deductible-e/01/39090#M773 ChelsiE2 2019-06-01T00:31:08Z