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Author Question: Maura makes a gift of a van to a local food bank run by a charity. Maura had used the van in her ... (Read 120 times)

xroflmao

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Maura makes a gift of a van to a local food bank run by a charity. Maura had used the van in her trade or business. The van has a FMV of $6,500; a cost of $31,000; and $27,000 depreciation claimed. What is the amount of Maura's charitable contribution deduction?
◦ $6,500
◦ $31,000
◦ $4,000
◦ $2,500


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Marked as best answer by xroflmao on Sep 13, 2020

leeeep

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xroflmao

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it


skipfourms123

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Reply 3 on: Yesterday
:D TYSM

 

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