LO.6, 8 William, a high school teacher, earns about $50,000 each year. In December 2012, he won
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LO.6, 8 William, a high school teacher, earns about $50,000 each year. In December 2012, he won $1 million in the state lottery. William plans to donate $100,000 to his church. He has asked you, his tax adviser, whether he should donate the $100,000 in 2012 or 2013. Identify the tax issues related to William’s decision.
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Related Book For 
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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