Question: Locat yad Ali Corp made a charitable donation of S200,000 to the Foundation (a qualifying charity). For the year, pred te home of 51.500.000 before
Locat yad Ali Corp made a charitable donation of S200,000 to the Foundation (a qualifying charity). For the year, pred te home of 51.500.000 before deducting any charitable contributions, before deducting its $20,000 dividends- and before deducting its 540,000 NOL carryover from last year, 5700.000 donation Is ABs allowed to deduct for tax purposes in year 1? 2.0 net make any charitable contributions. It reported taxable income of $300,000 before any charitable contribution $15.000 dividends-received deduction. What book-tax difference associated with the charitable contributions wat is the differunicat favorable or unfavorable? Is it permanent or temporary? take any chartable contributions. It reported taxable income of $300,000 before any charitable contribution 3.000 dividend verved deduction, In years 3, 4, and 5, ABB reported taxable losses of $50,000. Finally, in www.polis taratit Income before any charitable contribution deductions. It did not have any dividends-received ay make uery chartable donations in year 6. What book-tax difference associated with charitable
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