3047148
You'll need to sign in or create an account to connect with an expert.
First, you need to be a qualified donor. A qualified donor is a taxpayer defined as the person responsible for planting a crop, managing the crop, and harvesting the crop from the land. A qualified donor is also the person responsible for growing or raising, harvesting, packing, or processing a qualified donation item. A qualified donor is not a retailer. See the link below for the form and instructions.
NEW: Fresh Fruit and Vegetable Donation Credit
Chapter 503 of the Statutes of 2011 (AB 152) established an income tax credit equal to 10 percent of the cost of the donation for fresh fruits or fresh vegetables to a California food bank (Section 17053.88 the Personal Income Tax Law (PITL) and Section 23688 of the Corporation Tax Law (CTL))
to figure and claim the amount of tax credit allowed for the donation of fruits or vegetables made by a qualified taxpayer to a food bank located in California. The credit is nonrefundable, and the unused credit may be carried forward for seven years.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
carameldiva4387
New Member
mcfdlf
Level 1
in Education
meli932000
New Member
NY taxpayer
New Member
lizzyb2180
New Member