Question: 39. Elmore Eisner made the follo utions during the current tax year: contributions during $5,000 Cash to United Way Land to Boy Scouts to be

39. Elmore Eisner made the follo utions during the current tax

39. Elmore Eisner made the follo utions during the current tax year: contributions during $5,000 Cash to United Way Land to Boy Scouts to be used as a summer camp: 20,000 30,000 Cost Fair market value Painting to a 20 percent charity for permanent display in foundation's public gallery: Cost Fair market value Cash to individual needy families around town 5,000 7,000 3,000 a. Assuming Elmore's adjusted gross income is $80,000, what is his charitab contribution deduction for the year ar carryover? What is the charitable contribution carryover if the cost and fair ma T the painting are $25,000 an b. st and fair market value of the painting are $27,000, respectively

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