Submit test Which of the requirements for the Sec. 74 awards exclusion most severely limits its use? Does the exclusion benefit taxpayers more if they itemize their deductions or use the standard deduction? Which of the requirements for the Sec. 74 awards exclusion most severely limits its use? 000 A. The requirement that the award amount must be in the form of cash severely limits the use of Sec. 74. B. The requirement that the recipient must donate the proceeds to charity severely limits the use of Sec. 74. C. The requirement that the award must not come into the possession of the taxpayer severely limits the use of Sec. 74. D. The requirement that the donor cannot claim a deduction if the donor dies within a 24 month period after the award is given severely limits the use of Sec. 74. a Next 410 o