What is Kristin's charitable contribution deduction for the current year?
Chapter14: Property Transactions: Capital Gains And Losses, § 1231, And Recapture Provisions
Section: Chapter Questions
Problem 83P
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Question
Kristin has written acknowledgments for each of the following charitable contributions during the current year:
Cash contributions to her church |
$1,400 |
Contribution of used clothes and household items in good condition to |
$250 |
Kristin's estimate of the value of her time donated to a local animal shelter |
$1,500 |
Cash donated to homeless people asking for money for food |
$95 |
What is Kristin's charitable contribution deduction for the current year?
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT