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Christopher owned stock in Thyme Corporation that he donated to a university (a qualified charitable organization) on December 30, 2017. What is the amount of

Christopher owned stock in Thyme Corporation that he donated to a university (a qualified charitable organization) on December 30, 2017. What is the amount of Christophers deduction assuming that he had purchased the stock for $22,000 on January 3, 2014, and the stock had a fair market value of $58,000 when he made the donation? Christophers AGI is $150,000. (Assume the limitations are 20%, 30%, and 50%)

a.

$0

b.

$22,000

c.

$45,000

d.

$58,000

e.

None of the above

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