Question
A taxpayer donated a car to the American Red Cross. The car was purchased three years ago for 60,000, and on the date of the
A taxpayer donated a car to the American Red Cross. The car was purchased three years ago for 60,000, and on the date of the gift, it had a fair market value of $35,000. What is the charitable contribution deduction?
A) $30,000.
B) $35,000.
C) $25,000.
D) $20,000.
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Care And Counsel For Combat Trauma Training Program Workbook For Audit Only
Authors: Cru Military, American Association Of Christian Counselors, Light University, Karen D Watkins
1st Edition
0986363081, 978-0986363085
