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Does the cash value of donated food count as a Charitable Contribution for purposes of the CARES Act?
Under the CARES Act, if you take the standard deduction, you can also itemize donations made to charity. Is it strictly monetary donations in the form of cash/check/debit, or does the cash value of food donated count as a monetary donation as well?
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‎April 15, 2022
11:07 AM