6 Sabrina loves the latest fashions, but she is also very charitable. Every year she donates her previous year's clothing to Goodwill to make room in her closet for this year fashion. Sabrina estimate the value of her donation to be approximately $6,000. Sabrina recently learned that because her donation exceed $5,000, she must support her donation with an appraisal and signed statement by the appraiser on Form 8283. Sabrina decides to claim a charitable deduction of $4,900 to avoid the appraisal requirement: What do you think of Sabrina's decision? Do you think nationally that there is an abnormally large number of charitable contributions valued just under $5,000? 5 In December, T.D. Weber evaluated his stock portfolio and found that his DLW Inc. common stock had declined in value since he purchased it. He decides to sell the DLW stock on December 15. However, he would like to retain an interest in the company. So, knowing that ne need to avoid the was sale rules, when he sells the common stock on December 15th, T.D. simultaneously purchases an equivalent amount of preferred stock in DLW Inc. On January 17 of the next year, he sells the preferred stock and repurchases DLW common stock. What do you think of his strategy