While preparing Massie Millers 2014 Schedule A, you review the following list of possible charitable deductions provided

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While preparing Massie Miller’s 2014 Schedule A, you review the following list of possible charitable deductions provided by Massie:
Cash contribution to a family whose house burned down..........     $1,000
Time while working as a volunteer at Food Bank
(5 hours 3 $50/hour) 250
Cash contribution to United Methodist Church (receipt provided) ...... 800
Cash contribution to Salvation Army .................                                         500
Total ...............................                                                                             $2,550
What would you say to Massie regarding her listed deductions? How much of the deduction is allowed for charitable contributions?
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Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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