During the current year,Owl Corporation (a C corporation),a retailer of children's apparel,made the following donations to qualified charitable organizations.

How much qualifies for the charitable contribution deduction (ignoring the taxable income limitation)?
A)$63,000
B)$65,000
C)$90,500
D)$92,500
E)None of the above

Question

During the current year,Owl Corporation (a C corporation),a retailer of children's apparel,made the following donations to qualified charitable organizations.
​

How much qualifies for the charitable contribution deduction (ignoring the taxable income limitation)?
A)$63,000 
B)$65,000 
C)$90,500 
D)$92,500 
E)None of the above

Quizplus · Accepted Answer

The Answer of During the current year,Owl Corporation (a C corporation),a retailer of children's apparel,made the following donations to qualified charitable organizations.
​

How much qualifies for the charitable contribution deduction (ignoring the taxable income limitation)?
A)$63,000 
B)$65,000 
C)$90,500 
D)$92,500 
E)None of the above

During the Current Year,Owl Corporation (A C Corporation),a Retailer of Children's