S corp charitable donations
Varies
Can You Write Off S Corp Charitable Donations?
Short answer: Not on the S corp return: donations pass through to shareholders on the K-1, deductible only if each shareholder itemizes.
Partnerships and S corps don't pay income tax themselves; income, deductions, and credits flow to the owners on Schedule K-1. C corporations are different: they deduct gifts above a 1% of taxable income floor, up to 10%, from 2026.
Records to keep: Keep receipts or invoices, proof of payment, and a note of the business purpose for each expense.
S corp charitable donations
Varies
General Business
Not on the S corp return: donations pass through to shareholders on the K-1, deductible only if each shareholder itemizes.
Business justification
Not on the S corp return: donations pass through to shareholders on the K-1, deductible only if each shareholder itemizes. Partnerships and S corps don't pay income tax themselves; income, deductions, and credits flow to the owners on Schedule K-1. C corporations are different: they deduct gifts above a 1% of taxable income floor, up to 10%, from 2026.
Category
- Tax Write-Off Rules