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April 1, 2024
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Are charitable donations from K1 S-Corporation showing up properly on personal tax return?

  • April 1, 2024
  • 1 reply
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We gave to charity from a K1 S-Corporation and personal bank accounts.

 

We itemize deductions.

 

I entered the charitable donations the K1 S-Corporation made into Turbotax. 

 

When I went to personal deductions Turbotax desktop screen said "we've included the deductions from your K-1."

 

The credits summary page in Turbotax includes the K1 S-Corporation charitable donations and the personal donations from our personal bank account. 

 

But when I printed the return, Schedule A (form 1040) does not include the K1 S-Corporation donations. Is that correct?

 

Where should K1 S-Corporation donations show up on my personal tax return?

    Best answer by PatriciaV

    The charitable donations carried over from Schedule K-1 should appear on Schedule A on Lines 11 and/or 12 within the total amounts for these lines.

     

    Also check your forms list for "Contrib Wks K-1" for each donation from Schedule K-1.

    • In TurboTax Online, go to Tax Tools in the left column, then Tools >> Delete a form.
    • In TurboTax for Desktop, click the Forms icon in the header.

    1 reply

    PatriciaV
    PatriciaVAnswer
    Employee
    April 9, 2024

    The charitable donations carried over from Schedule K-1 should appear on Schedule A on Lines 11 and/or 12 within the total amounts for these lines.

     

    Also check your forms list for "Contrib Wks K-1" for each donation from Schedule K-1.

    • In TurboTax Online, go to Tax Tools in the left column, then Tools >> Delete a form.
    • In TurboTax for Desktop, click the Forms icon in the header.
    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
    Phil1234Author
    April 14, 2024

    @PatriciaV This is so helpful, thank you for your time to answer. The amounts did not originally show up on lines 11 or 12 in my schedule A. I wonder if I did something wrong or if there may be a software glitch?