Jerry made the following contributions during 2014: His synagogue (by check).. $680 The Democratic Party (by check)
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Jerry made the following contributions during 2014:
His synagogue (by check)……………………………….. $680
The Democratic Party (by check) )……………………… 180
The American Red Cross (by check) )…………………… 150
His lodge for a holiday party)……………………………. 100
In addition, Jerry donated used furniture to the Salvation Army that he purchased years ago for $2,000 with a fair market value of $400. Assuming Jerry has adjusted gross income of $45,000, has the necessary written acknowledgments, and itemizes deductions, complete the Gifts to Charity section of Schedule A below to show Jerry’s deduction for 2014.
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Related Book For
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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