Question: JacobJacob donates $ 6 8 0 $ 6 8 0 of cash to a registered charity for the year. Disregarding any limitations and assuming that

JacobJacob
donates
$ 680$680
of cash to a registered charity for the year. Disregarding any limitations and assuming that
JacobJacob
is not subject to the33% federal tax rate, how will this affect
JacobJacob's
tax situation for the year? Round your answer to the nearest whole dollar.
Question content area bottom
Part 1
A.
JacobJacob's
taxes payable will be reduced
$ 680$680.
B.
JacobJacob's
taxes payable will be reduced
$ 102$102.
C.
JacobJacob's
net income for tax purposes will be reduced
$ 680$680.
D.
JacobJacob's
taxes payable will be reduced
$ 169$169

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