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Tax Year Amount
1990 $1,853.00
1993 4,194.09
1994 4,383.16
(h) Charitable Contributions
In 1989, ERG donated $6,000 to the Moraga Valley
Presbyterian Church (MVPC). On its 1989 Form 1120, ERG claimed
the $6,000 as a charitable deduction. On their 1989 Form 1040,
the Bensons also claimed a $6,000 charitable deduction for MVPC.
In 1990, ERG donated $6,000 to MVPC. ERG did not claim the
donation as a deduction on its 1990 Form 1120; however, the
Bensons did claim the donation as a deduction on their 1990
individual Federal income tax return.
In 1993, ERG issued checks payable to MVPC totaling $6,000.
ERG issued check No. 23554, dated December 31, 1992, for $50,000
made payable to Bank of America. The check was negotiated on
March 3, 1993. On March 5, 1993, Burton purchased cashier’s
check No. 8006822409 for $50,000 from Bank of America made
payable to MVPC. MVPC deposited the check on March 12, 1993.
ERG’s 1993 Form 1120 contained a deduction for charitable
contributions of $4,800 and no charitable contribution carryover.
On their 1993 personal Federal income tax return, the Bensons
claimed a charitable contribution deduction for the $6,000 paid
to MVPC by ERG and the $50,000 cashier’s check paid to MVPC.
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