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Certain charitable contributions are allowable as itemized deductions on a taxpayer's personal income tax return. Provide an illustrative example of the type of charitable contribution
Certain charitable contributions are allowable as itemized deductions on a taxpayer's personal income tax return. Provide an illustrative example of the type of charitable contribution to a public charity or private operating foundation and the limitations to the deduction (if any) for:
- Capital gain property.
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