Question: what is the charitable contribution deduction? what is the carryover value? View previous Calvin reviewed his canceled checks and receipts this year for charitable contributions,

what is the charitable contribution deduction?

what is the carryover value?

View previous Calvin reviewed his canceled checks and receipts this year for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since 2005 Donee Hobbs Medical Center State Museum A needy family United Way Item IBM stock Antique painting Food and clothes Cash Cost FMV $5,000 $22,000 5,000 3,000 40e 250 8,888 8,000 Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) De b. Calvin's AGI is $100,000, but the State Museum told Calvin that it plans to sell the painting

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