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Financial Planning / Tax Strategies


Subject:  Charitable Business Donation Date:  4/15/2002  11:31 AM
Author:  buckhill Number:  60297 of 130965

As a sole proprietor, is a donation from my business to a nonprofit organization a deduction? How about if I don't realize a profit in the year of the deduction? As we don't itemize our 1040, I'm trying to see the best stategy for making the donation.

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