This year Darcy made the following charitable contributions:
Determine the maximum amount of charitable deduction for Darcy's contribution of the painting if her AGI is $80,000 this year.You may assume that both the stock and painting have been owned for 10 years and that the painting was used by the State Art Museum in a manner consistent with the museum's charitable purpose.

Question

This year Darcy made the following charitable contributions:
  Determine the maximum amount of charitable deduction for Darcy's contribution of the painting if her AGI is $80,000 this year.You may assume that both the stock and painting have been owned for 10 years and that the painting was used by the State Art Museum in a manner consistent with the museum's charitable purpose.

Quizplus · Accepted Answer

The Answer of This year Darcy made the following charitable contributions:
  Determine the maximum amount of charitable deduction for Darcy's contribution of the painting if her AGI is $80,000 this year.You may assume that both the stock and painting have been owned for 10 years and that the painting was used by the State Art Museum in a manner consistent with the museum's charitable purpose.

This Year Darcy Made the Following Charitable Contributions