Question: For the 2020 tax year, the CARES Act allows taxpayers to reduce adjusted gross income (AGI) by $300 worth of charitable contributions made in 2020

For the 2020 tax year, the CARES Act allows taxpayers to reduce adjusted gross income (AGI) by $300 worth of charitable contributions made in 2020 even if they do not itemize. Question 25 options: True False

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