Question: In 2 0 2 4 , LAA Incorporated made a charitable donation of $ 1 4 2 , 0 0 0 to the Trevor Project

In 2024, LAA Incorporated made a charitable donation of $142,000 to the Trevor Project (a qualifying charity). For the year, LA reported taxable income of $592,000, which included a $142,000 charitable contribution deduction before limitation) and a $ dividends-received deduction, and a $20,000 net operating loss carryover from 2023 What is LAA Incorporated's charitable contribution deduction for 2024

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