Question: Under OBBBA, which statement is true regarding the charitable contribution deduction? ANonitemizers can claim a charitable deduction of up to $ 4 , 0 0
Under OBBBA, which statement is true regarding the charitable contribution deduction?
ANonitemizers can claim a charitable deduction of up to $ for cash contributions to qualified charities.BThe new AGI floor is applied first to donations that provide a lower deduction.CCharitable contribution carryovers from are subject to the AGI floor.DQualified charitable contributions from an IRA are subject to the floor.
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