Question: es Problem 5-60 (LO 5-4) Jaylen made a charitable contribution to his church in the current year. He donated common stock valued at $35,900

es Problem 5-60 (LO 5-4) Jaylen made a charitable contribution to his church in the current year. He donated common stock valued at $35,900 (acquired as an investment in 2007 for $19,500). Jaylen's AGI in the current year is $88,000. Required: a. What is his allowable charitable contribution deduction? b. How are any excess amounts treated? a. Charitable contribution deduction b. Amounts

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