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Carly donated inventory (ordinary income property) to a church. She purchased the inventory last month for $100,000, and on the date of the gift, it
Carly donated inventory (ordinary income property) to a church. She purchased the inventory last month for $100,000, and on the date of the gift, it had a fair market value of $92.000. What is her maximum charitable contribution deduction for the year related to this inventory if her AGI is $200,000? Multiple Choice $100,000 $92,000 $60,000 $45.000 if the church sells the Inventory None of the choices are correct
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