794085
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Probably not. If you deducted the cost of the inventory as a business cost, you already got a deduction. Your cost basis is zero. Generally, when you donate an item, your maximum deduction value is the fair market value or your cost basis, whichever is lower. (In this case, zero.) You deduct cost of goods sold, and you don't report any income from the items; that's your tax reduction.
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