Donated inventory
Varies
Can You Write Off Donated Inventory?
Short answer: Businesses deduct donated inventory, generally at cost; C-corps can get an enhanced deduction for food and certain donations.
Corporations face a new 1% floor on charitable gifts from 2026.
Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.
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Donated inventory
Varies
General Business
Supplies & Inventory
Business Write-Off Questions
Businesses deduct donated inventory, generally at cost; C-corps can get an enhanced deduction for food and certain donations.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Businesses deduct donated inventory, generally at cost; C-corps can get an enhanced deduction for food and certain donations. Corporations face a new 1% floor on charitable gifts from 2026.
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- Business Write-Off Questions
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