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Assume 2 0 2 3 tax payer. I contributed a lot of money this year. I gave $ 5 0 0 in cash to the

Assume 2023 tax payer. I contributed a lot of money this year. I gave $500 in cash to the March of Dimes. I contributed a red velvet couch and my old recliner. The furniture is considered vintage and is worth $5,000 today (the appraiser surprised me!), even though I only paid $800 for it. Cola had a charity drive for the Church this year and I contributed $80 per month since I started my job March 1st. I gave a friend $500 to help him out. Figure out what is deductible from AGI and what is not. For any amount that is not deductible explain why its not.

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