Question

Which of the following deductions will qualify as a deductible charitable donation?

a. Furniture given to a family whose home burned
b. Land donated to a public university
c. Volunteering at Habitat for Humanity for four hours
d. Cash contributions to a political campaign

Answer 1

The deduction that qualifies as a deductible charitable donation is land donated to a public university.

Step-by-step explanation:

A deduction for a charitable donation can only be claimed if it meets specific criteria. In this case, the deduction that would qualify as a deductible charitable donation is b. Land donated to a public university. This is because donations of land to a public university are considered charitable contributions and are eligible for a tax deduction.

Let's go through the other options:

1. Furniture given to a family whose home burned - While this is a kind gesture, it does not qualify as a deductible charitable donation.
2. Volunteering at Habitat for Humanity for four hours - This does not involve a monetary donation, so it is not eligible as a deductible charitable contribution.
3. Cash contributions to a political campaign - Donations to political campaigns are not considered charitable contributions, so they are not deductible.

Therefore, the only option that qualifies as a deductible charitable donation is b. Land donated to a public university.