Question: Adrian contributed an antique vase he had owned for 2 5 years to a museum. At the time of the donation, the vase had a
Adrian contributed an antique vase he had owned for years to a museum. At the time of the donation, the vase had a value of $ The museum displayed this vase in the art gallery.
Required:
Assume that Adrians AGI is $ and his basis in the vase is $ How much may Adrian deduct?
How would your answer to Part a change if instead of displaying the vase, the museum sold the vase to an antique dealer?
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