Bonnies charitable contributions and AGI for the past four years were as follows: What is the amount

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Bonnie€™s charitable contributions and AGI for the past four years were as follows:

2014 2015 2016 2017 AGI Contributions subject to the 50% limitation $50,000 $55,000 $58,000 $60,000 29,000 40,000 25,000

What is the amount of the charitable deduction for each year and the order in which the deduction and carryovers are used?

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Federal Taxation 2018 Comprehensive

ISBN: 9780134532387

31st Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Mar 20, 2018 06:17 AM

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Bonnies charitable contributions and AGI for the past four years were as follows: What is the amount

Question:

2014 2015 2016 2017 AGI Contributions subject to the 50% limitation $50,000 $55,000 $58,000 $60,000 29,000 40,000 25,000 10,000

Step by Step Answer:

2014 2015 2016 2017 Amount of deduction Amou...View the full answer

Federal Taxation 2018 Comprehensive

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