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