William, a high school teacher, earns about $50,000 each year. In December 2014, he won $1 million

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William, a high school teacher, earns about $50,000 each year. In December 2014, he won $1 million in the state lottery. William plans to donate $100,000 to his church. He has asked you, his tax adviser, whether he should donate the $100,000 in 2014 or 2015. Identify the tax issues related to William's decision.
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South Western Federal Taxation 2015

ISBN: 9781305310810

38th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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