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Author Question: During February and March, Jade spends approximately 90 hours of her time volunteering her time at ... (Read 58 times)

Pineapplelove6

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Question 1

Doris donated a diamond brooch recently appraised at $25,000 to her local church. Doris had purchased it many years ago for $10,000. The church sold the brooch to provide funding for church programming.  Doris' AGI is $40,000. Doris will be able to take a charitable deduction of
◦ $10,000.
◦ $25,000.
◦ $12,000.
◦ $20,000.

Question 2

During February and March, Jade spends approximately 90 hours of her time volunteering her time at the Salvation Army (a public charity) preparing tax returns for low-income families. As a CPA, Jade normally bills her clients at $130 per hour for her time. Jade also drives her car a total of 800 miles in performing her voluntary work. Jade's deductible contribution is
◦ $0.
◦ $112.
◦ $11,700.
◦ $11,812.


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Marked as best answer by Pineapplelove6 on Sep 13, 2020

mariahkathleeen

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pineapplelove6

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Reply 2 on: Sep 13, 2020
:D TYSM


kthug

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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