Charitable contributions of goods and property to a qualifying organization should be valued at fair market value when used as an itemized deduction.
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Q46: Cash contributions to qualified organizations,such as churches,schools,and
Q47: Student loan interest paid may be taken
Q48: The rule for tax-related records is,"When in
Q49: Adjustments are referred to as above-the-line deductions
Q50: A taxpayer whose itemized deductions were less
Q52: The amount of the standard deduction depends
Q53: Union or professional dues do not qualify
Q54: Prior to age 65,if one can itemize
Q55: A personal exemption is a legally permitted
Q56: A taxpayer who is age 65 or
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