On December 16,2015,the directors of Quail Corporation (an accrual basis,calendar year taxpayer) authorized a cash donation of $5,000 to the American Cancer Society,a qualified charity.The payment,which is made on April 11,2016,may be claimed as a deduction for tax year 2015.

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The payment was made in 2016, so it cannot be claimed as a deduction for tax year 2015. It can only be claimed for tax year 2016.

On December 16,2015,the Directors of Quail Corporation (An Accrual Basis,calendar