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Old 11-13-2013, 01:39 AM
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Join Date: Nov 2013
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C Corp charitable contributions

I'm helping my parents out with their Form 1040, so bear with me.

Their C Corporation made a charitable contribution on my parents' behalf. They own the C Corporations 100%. The C Corporation owed them money, so that amount owed was reduced by the amount of the contribution. The C Corporation did not deduct the charitable contribution on its Form. Can my parents' deduct it? I can't find anything that says they can't.



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