Flip donated a delivery van to a local library to transport books. He had paid $65,000 for

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Flip donated a delivery van to a local library to transport books. He had paid $65,000 for the van five years ago, and it was worth $44,000 at the time of his donation. Flip’s AGI for the year is $74,000. What deduction may Flip claim on Schedule A this year?

a. $65,000

b. $44,000

c. $37,000

d. Some other number

Posted Date: Dec 04, 2021 05:29 PM

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Flip donated a delivery van to a local library to transport books. He had paid $65,000 for

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The deduction for the donation on schedule ... View the full answer

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