While preparing Massie Miller's 2015 Schedule A, you review the following list of possible charitable deductions provided

Question:

While preparing Massie Miller's 2015 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 @ $50/hour) ................................................................... 250
Cash contribution to United Methodist Church (receipt provided) ............... 800
Cash contribution to Salvation Army (note from Massie: "I can't remember exactly the amount that I gave and I can't find the receipt.
I think it was around $500.") ......................................................... 500
Total ....................................................................................... $2,550
What would you say to Massie regarding her listed deductions? How much of the deduction is allowed for charitable contributions?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2016

ISBN: 9781337343527

34th Edition

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

Question Posted: