To qualify as a charitable deduction the donation must be made by cash or by check.Donations of property also qualify.
Correct Answer:
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Q4: The profit motive distinguishes "business" activities from
Q14: To be deductible, business expenses must be
Q16: All business expense deductions are claimed above
Q19: Taxpayers may elect to deduct state and
Q20: The deduction for medical expenses is limited
Q24: Bunching itemized deductions is one form of
Q25: Taxpayers generally deduct the lesser of their
Q26: Which of the following is a true
Q29: In general, taxpayers are allowed to deduct
Q32: Taxpayers filing single and taxpayers filing married
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