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Author Question: Jorge contributes $35,000 to his church and 100 shares of XYZ stock to the American Red Cross. The ... (Read 110 times)

student77

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Jorge contributes $35,000 to his church and 100 shares of XYZ stock to the American Red Cross. The shares were purchased three years ago for $10,000 but were worth $18,000 as of the donation date. Jorge's AGI this year is $100,000.  Assuming no elections are made,determine his current year charitable contribution deduction and the amount of any carryover to next year?


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Marked as best answer by student77 on Sep 13, 2020

SamMuagrove

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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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student77

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


brbarasa

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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