Donna donates stock in Chipper Corporation to the American Red Cross on September 10, 2022. She purchased the stock for $18,100 on December 28, 2021, and it had a fair market value of $27,000 when she made the donation.

a. What is Donna’s charitable contribution deduction?

b. Assume instead that the stock had a fair market value of $15,000 (rather than $27,000) when it was donated to the American Red Cross. What is Donna’s charitable contribution deduction?

c. What documentation should you request from Donna to confirm the amount of her charitable contribution deduction?