Oct 31, 2021 at 06:35 AM CST
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Donating a gift of grain is a simple, tax-wise way for farmers to make a difference in their local community. By giving grain to the cause close to their heart, farmers support an organization doing great things in their community and can avoid including the sale of the grain in their farm income. Although a charitable income tax deduction is generally not available, the significant benefit is the avoidance of declaring it as income. |