Andrew and Olivia want to maximize their charitable deduction for this year. They are interested in several charities. The couple's AGI is $70,000. They have received an inheritance of $100,000 in cash they wish to use to further their charitable interests. What amount may the couple donate to maximize their charitable deduction this year, without using the carry forward option?

Answer rating: 100% (QA)

To maximize their charitable deduction for the current tax year without u... View the full answer