James, an unmarried taxpayer, qualifies to itemize in 2020. Jamess adjusted gross income was $35,000.00 in 2020.

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Question:

James, an unmarried taxpayer, qualifies to itemize in 2020. James’s adjusted gross income was $35,000.00 in 2020. In 2020 he made a $400.00 donation to a needy family. In 2020, he also donated stock valued at $3,000.00 to her church. What is James’s charitable deduction on his 2020 income tax return?

Group of answer choices

$2,000.00

$400.00

$3,400.00

$3,000.00