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Entering corporate charitable contributions in ProConnect

SOLVEDby IntuitUpdated January 19, 2022

This article will assist you with entering corporate charitable contributions in Intuit ProConnect.

 

A corporation can't deduct contributions that total more than 10% of its taxable income for the tax year. Refer to Pub 542 for instructions on how to figure taxable income for this purpose.  

Follow these steps to enter current cash contributions:

  1. Go to the Input Return tab.
  2. From the left of the screen, select Deductions and choose Deductions again.
  3. Scroll down to the Contributions subsection.
  4. Enter the contribution amount in Cash (Click on button to expand).

Follow these steps to enter current noncash contributions:

  1. Go to the Input Return tab.
  2. From the left of the screen, select Deductions and choose Noncash Contributions (8283).
  3. Enter information about the noncash contribution in the applicable fields.

Follow these steps to enter contribution carryovers:

  1. Go to the Input Return tab.
  2. From the left of the screen, select Deductions and choose Contribution Carryovers.
  3. Enter the amounts carried over in the Contribution Carryovers section.
    • You can also use the Consolidated Contribution Carryover section if you're completing a consolidated return.
 

Charitable contributions print on Form 1120, line 19.  

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