On December 20, 2019, the directors of Quail Corporation (an accrual basis, calendar year C corporation) authorized a cash donation of $5,000 to the American Cancer Society, a qualified charity. The payment, which is made on April
6, 2020, may be claimed as a deduction for tax year 2019.

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Under IRS rules, an accrual basis corporation can deduct charitable contributions in the year authorized if the payment is made by the 15th day of the 4th month after the end of that tax year, which is April 15 for a calendar year corporation.

On December 20, 2019, the Directors of Quail Corporation (An