Jack and Alice McWilliams made a charitable cash contribution of ($50,000) to a 50 percent organization and

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Jack and Alice McWilliams made a charitable cash contribution of \($50,000\) to a 50 percent organization and \($30,000\) charitable cash contribution to a 30 percent organization. The McWilliams’ adjusted gross income is \($120,000.\) What are their deductible charitable contributions for the tax year?

A. $50,000.

B. $55,000.

C. $60,000.

D. $80,000.


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Essentials Of Personal Financial Planning

ISBN: 9781945498237

1st Edition

Authors: Susan M. Tillery, Thomas N. Tillery

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