On December 20,2017,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 11,2018,may be claimed as a deduction for tax year 2017.

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The donation was authorized in 2017, even though it was not paid until 2018. For accrual basis taxpayers, donations are deductible in the year authorized, not the year paid.

On December 20,2017,the Directors of Quail Corporation (An Accrual Basis,calendar