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Deductions & credits
Actually, it depends on how inventory is treated on the books. If the cost of the inventory is expensed, then it's already deducted and can't be deducted again as a donation. Whereas if inventory is tracked in the COGS section, then what "you" paid for that inventory (wholesale price I presume, not retail price) can be claimed as a charitable donation donation.
‎September 22, 2020
2:16 PM