abctax55
Level 15
04-30-2020
05:22 PM
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In case Jeff's subtle point is missed...there ISN'T an additional deduction over/above the amounts already included in expenses as payroll, purchases, supplies, etc.
IF you want to track the amounts for management purposes and so that your COGS percentages are still in line with normal operations, you can move the amounts from their normal categories to charitable. I don't know many entities that do so.
HumanKind... Be Both