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201 ! Required information Calvin reviewed his canceled checks and receipts this year (2022) for charitable contributions, which included an antique painting and IBM stock.

image text in transcribed 201 ! Required information Calvin reviewed his canceled checks and receipts this year (2022) for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since 2005. Donee Hobbs Medical Center IBM stock FMV Item Cost $ 8,600 Antique painting Food and clothes Cash 6,800 760 44,000 $ 58,000 118,000 State Museum A needy family United Way 460 44,000 Calvin's AGI is $280,000. Calculate Calvin's charitable contribution deduction and carryover (if any). Note: Leave no answer blank. Enter zero if applicable. Charitable contribution deduction $ 220,000 Carryover

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