On December 20, 2018, 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, 2019, may be claimed as a deduction for tax year 2018.

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For accrual basis taxpayers, charitable contributions can be deducted in the year they are authorized if they are paid by the 15th day of the third month after the end of that year, which is March 15. However, since the payment was made on April 11, 2019, it cannot be deducted for the 2018 tax year.

On December 20, 2018, the Directors of Quail Corporation (An