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Charitable deduction for C-Corp 25%

My taxable income is $157,887.00 and I donated $100,000 to Tunnel of Tower, why is the charitable contribution deduction allowed is only $15,789.00 (10%) instead of 25% as published in the IRS allowed deduction? 

 

Thank you!

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1 Reply

Charitable deduction for C-Corp 25%


@ryeomans1927 wrote:

instead of 25% as published in the IRS allowed deduction? 


 

Ten percent is the limit.  Where are you seeing 25%?

 

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