C Corp Carryover of Contributions

LinkBack

Thread Tools

Search this Thread

Display Modes

#1 (permalink)

02-15-2010, 02:43 PM

theresafoster theresafoster is offline

Junior Member

Join Date: Feb 2010

Posts: 1

C Corp Carryover of Contributions

If a C corp converts to an S corp with a carryover of disallowed charitable contributions - what happens to the contributions? Does the S corp get to deduct them? or do they just "go away"?

Ads

« C- Corp liability | size of C Corp declared cash dividend »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Foreign Tax Credit Carryover	bdclark	Tax Credit	3	11-22-2010 11:29 AM
Does NJ tax SEP-IRA contributions?	CowboyMC	New Jersey	0	01-28-2010 12:57 PM
Does NJ tax SEP-IRA contributions?	CowboyMC	IRA/Sep	0	01-28-2010 12:43 PM
Capital Losses carryover period allowed	PaulChamil	Capital Gains	2	03-21-2008 02:49 AM
Impact of net operating losses carryover when I convert to a S Corporation?	Leah	S-Corporation	1	01-29-2007 10:52 AM

» Categories

Ask TaxGuru?

Individual

» Income

» Estimated Taxes

» Capital Gains

» Itemized Deductions

» IRA/Sep

» Rental Real-Estate

» Alternative Minimum Tax

» Filing Requirements

» Sole-Proprietorship

» Medical

» Auto Expenses

» Social Security

» Tax Credit

» Depreciation

» Divorce Tax Issues

» Homeowner Tax

» Multistate

Corporations

» C-Corporation

» S-Corporation

» Limited Liability Company

» Payroll

» Multistate Tax Issues

» Non-Profit Organisation

» Trusts and Gift Tax Returns

Forum for CPAs

» CPA Forums

Financial Planning

» Estate Planning

» Retirement Planning

» Investment Strategy

» Education Planning

» Life Insurance

» Tax News

» Tax Calculators

» Downloads

» Contact Us

» Latest Tax Tips
How can I obtain the IRS 2021 Form W-7 with the...
IRS extends C Corporation filing date to May 17, 2021
Which Taxpayer Qualifies for Advance Payments?
How do you get a "147C Online- EIN Designation Confirmation...
What are the Foreign Earned Income Exclusion for 2019?

» Recent Tax Q&A
No Threads to Display.

» Free Downloads

Latest Files

What Are the Important Highlights Of 2010 Tax Law
EzWagez Payroll System
TurboCASH
AlauxSoft Accounts and Budget
Gas Mileage MPG Tracker