Question: Philippe, a partner at an accounting firm, contributed $ 1 0 0 , 0 0 0 to the reelection campaign of the governor in hopes

Philippe, a partner at an accounting firm, contributed $

100, 000

to the reelection campaign of the governor in hopes the governor would appoint Philippe to a position on the state board of accountancy. How much of the contribution can Philippe deduct?

50, 000

10, 000

050

100, 000

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