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What Is the Treatment of Charitable Contributions in Excess of the Applicable

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Essay

What is the treatment of charitable contributions in excess of the applicable limits for the current year?


Definitions:

Physical Needs

Basic bodily requirements including food, water, shelter, and sleep necessary for survival.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Hospice

An institution or program in which terminally ill patients receive palliative care to reduce suffering; family and friends of the dying are helped as well.

Pain Management

Medical strategies and treatments aimed at reducing, controlling, or eliminating pain.

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