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Itemized Deductions Schedule-A


 
 
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Old 08-30-2017, 11:44 AM
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Charitable Deduction-Field/Resource Usage

Can a LLC deduct costs of field usage that was donated to a non-profit organization? For example, it cost $500/hr to use a field. The LLC let's the non-profit use the field for two hours. Can they deduct $1,000 for charitable contributions now?



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