A taxpayer donates cash throughout the year to several organizations. The total is $5,500. Of that amount, he received property and gift considerations (to possibly reduce the deductible value) of $500. He also paid an additional $2,000 to a university charity, which gave him rights to access for an athletic event via seating arrangements. 

What is the total of the deductible charitable contributions, regardless of AGI?

Answer rating: 100% (QA)

To determine the total deductible charitable contributions we need to consider the cash donations ma... View the full answer