Yes you can deduct the fair market value of any charitable donation. But, in the event of an audit, a receipt is needed.
Also, if you don't sell the beef, you can't deduct the cost of feed as only the cost of feed for income generation is deductible. Same as any business. Production costs are deductible.
Real world, nobody is gonna look that close unless you're in a world of trouble anyway.
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Today's Featured Article - Updatin The Charging System of Your Older Tractor - by Tyler Woods. Older tractors have externally regulated generators or externally regulated alternators, in some instances. That means there is one device that turns energy from the fan belt into electrical energy,
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