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This Year Darcy Made the Following Charitable Contributions Determine the Maximum Amount of Charitable Deduction for Darcy's Contribution

Question 56

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This year Darcy made the following charitable contributions:  Hospital charges $3,280 Prescription medicine 510 Doctor’s tees 1,240\begin{array} { | l | r | } \hline \text { Hospital charges } & \$ 3,280 \\\hline \text { Prescription medicine } & 510 \\\text { Doctor's tees } & 1,240 \\\hline\end{array} 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 the painting is used in the State Art Museum's charitable purpose.

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The charitable deduction is $21,000 for ...

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