William, a high school teacher, earns about $50,000 each year. In December 2013, he won $1 million

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William, a high school teacher, earns about $50,000 each year. In December 2013, he won $1 million in the state lottery. William plans to donate $100,000 to his church. He has asked you, his tax adviser, whether he should donate the $100,000 in 2013 or 2014. Identify the tax issues related to William's decision.
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South Western Federal Taxation 2014 Comprehensive Volume

ISBN: 9781285180922

37th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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