<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
  <channel>
    <title>topic Are individual's donations of prepared food &amp;quot;out-of-pocket&amp;quot; (cash) or &amp;quot;non-cash&amp;quot; contributions? in Deductions &amp; credits</title>
    <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/are-individual-s-donations-of-prepared-food-out-of-pocket-cash-or-non-cash-contributions/01/721728#M95528</link>
    <description>&lt;P&gt;I cook/bake for a qualified charitable organization (for example, soup served at a shelter for the homeless).&amp;nbsp; When I make the soup, is the costs of the ingredients considered "out of pocket" expense (listed as cash donation), or a non-cash donation of "soup"?&amp;nbsp; And if it's items I make for a bake sale (again, it's a qualified charity), is the amount I can deduct the cost of ingredients (out-of-pocket), or the "fair market value" (i.e., what they sell it for) of the non-cash items?&amp;nbsp; IRS publications don't give guidance on food donations except for businesses donating inventory - not relevant for me, an individual tax payer.&lt;BR /&gt;&lt;/P&gt;</description>
    <pubDate>Thu, 06 Jun 2019 15:09:40 GMT</pubDate>
    <dc:creator>rk1</dc:creator>
    <dc:date>2019-06-06T15:09:40Z</dc:date>
    <item>
      <title>Are individual's donations of prepared food "out-of-pocket" (cash) or "non-cash" contributions?</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/are-individual-s-donations-of-prepared-food-out-of-pocket-cash-or-non-cash-contributions/01/721728#M95528</link>
      <description>&lt;P&gt;I cook/bake for a qualified charitable organization (for example, soup served at a shelter for the homeless).&amp;nbsp; When I make the soup, is the costs of the ingredients considered "out of pocket" expense (listed as cash donation), or a non-cash donation of "soup"?&amp;nbsp; And if it's items I make for a bake sale (again, it's a qualified charity), is the amount I can deduct the cost of ingredients (out-of-pocket), or the "fair market value" (i.e., what they sell it for) of the non-cash items?&amp;nbsp; IRS publications don't give guidance on food donations except for businesses donating inventory - not relevant for me, an individual tax payer.&lt;BR /&gt;&lt;/P&gt;</description>
      <pubDate>Thu, 06 Jun 2019 15:09:40 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/are-individual-s-donations-of-prepared-food-out-of-pocket-cash-or-non-cash-contributions/01/721728#M95528</guid>
      <dc:creator>rk1</dc:creator>
      <dc:date>2019-06-06T15:09:40Z</dc:date>
    </item>
    <item>
      <title>You get to deduct the cost of the ingredients as a CASH d...</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/you-get-to-deduct-the-cost-of-the-ingredients-as-a-cash-d/01/721733#M95532</link>
      <description>&lt;P&gt;You get to deduct the cost of the ingredients as a CASH donation. You can also deduct mileage if applicable.&lt;/P&gt;</description>
      <pubDate>Thu, 06 Jun 2019 15:09:41 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/you-get-to-deduct-the-cost-of-the-ingredients-as-a-cash-d/01/721733#M95532</guid>
      <dc:creator>SweetieJean</dc:creator>
      <dc:date>2019-06-06T15:09:41Z</dc:date>
    </item>
  </channel>
</rss>

