Title: Commodity Donations and Tax Benefits for Agricultural Producers
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Commodity Donations and Tax Benefits for Agricultural Producers

Publish Date: April 17 2025 |    Pub Number: W1317 |    Language: English

Publish Date: April 17 2025

Pub Number: W1317

Language: English

Contact your County Extension Office to learn more
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Contact your County Extension Office to learn more
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Abstract

When charitable contributions are made, the intent of those donations is to assist those in need. However, charitable donations can also provide tax benefits for those making the donation by potentially reducing taxable income. When making charitable donations, it is important to understand, as an ag producer, what can and cannot be done when seeking tax deductions. This publication is designed to answer questions concerning tax benefits from commodity donations such as grain or livestock.