Question: For each of the five cases, please compute H's charitable contribution deduction when he: A. Donates used clothes worth $1000 to his city, originally purchased
For each of the five cases, please compute H's charitable contribution deduction when he: A. Donates used clothes worth $1000 to his city, originally purchased for $3,000, where the city will distribute such donations to homeless individuals. B. Purchases a raffle ticket from a Red Cross fundraiser for $100, where he has a 1 chance in 1000 of winning $500, but he didn't win. C. Purchases a dinner with celebrities at a Friends of the Library charitable organization fundraising event for $1000, which is labeled as "Priceless" on the information sheet, but probably is worth $100. D. Donates a used car to Kars for the Needy, which would be worth $3,000 if it didn't need $2,000 of repairs, and the organization provides him with a statement identifying the car model he donated. E. Donates candy bars with a statement gift from H" to those standing in line at the homeless shelter, worth 200 X $1 = $200. Edit View Insert Format Tools Table 12nt Y Daragraph B T A T2
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