Nadia donates $4,000 to Eastern University's athletic department. The payment guarantees that Nadia will have preferred seating

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Nadia donates $4,000 to Eastern University's athletic department. The payment guarantees that Nadia will have preferred seating near the 50-yard line.
a. Assume that Nadia subsequently buys four $100 game tickets. How much can she deduct as a charitable contribution to the university's athletic department?
b. Assume that Nadia's $4,000 donation includes four $100 tickets. How much can she deduct as a charitable contribution to the university's athletic department?
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South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen

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