Complete the Gifts to Charity section of Schedule A below to show Jerry's deduction for 2021.
Complete the Gifts to Charity section of Schedule A below to show Jerry's deduction for 2021.
Chapter5: Deductions For And From Agi
Section: Chapter Questions
Problem 28P
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Question
Transcribed Image Text:Problem 5-28
Contributions (LO 5.9)
Jerry made the following contributions during 2021:
His synagogue (by check)
$1,100
The Republican Party (by check)
180
The American Red Cross (by check)
200
His lodge fraternal organization for tickets to (a
100
social club) a holiday party
In addition, Jerry donated used furniture to the Salvation Army costing $400 with a fair market value of $200. Jerry has adjusted gross income of
$45,000, the necessary written acknowledgments, and he itemizes his deductions.
Complete the Gifts to Charity section of Schedule A below to show Jerry's deduction for 2021.
Enter all amounts as positive numbers.
Gifts to
11 Gifts by cash or check. If you made any gift of $250 or more,
Charity
see instructions. .
11
12 Other than by cash or check. If you made any gift of $250 or
Caution: If you
more, see instructions. You must attach Form 8283 if over
made a
$500 ....
12
gift and got a
benefit for it,
13 Carryover from prior year.
13
see instructions.
14 Add lines 11 through 13
14
Expert Solution
Step 1
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Gifts to |
11 |
Gifts by cash or check. If you made any gift of $250 or more, |
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|
see instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
11 |
$1300 |
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|
Caution: If you made a |
12 |
Other than by cash or check. If you made any gift of $250 or more, see instructions. You must attach Form 8283 if over $500 . . . . . |
|
|
||||
|
13 |
Carryover from prior year. . . . . . . . . . . . . . . . . . . . . . . . . |
13 |
$0 | |||||
|
14 |
Add lines 11 through 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
14 |
$1500 |
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