Circle your answer for each of the following multiple choice questions. Multiple selections will be counted as incorre answers. 1. To qualify for the charitable income tax deduction, a gift cannot be made to atn): a. Private school. b. Religious charity c. Individual. d. Library 2. Which of the following is not a benefit of a charitable remainder trust? a. It acts as a form of life insurance that benefits the grantor's children at death. b. It reduces income tax. c. It increases current income by providing life income for the grantor. d. It reduces federal estate tax. 3. Which typeis) of charicable remainder arrangements permit additional contributions after inception 1. CRAT 2. CRUT 3. Pooled Income Funds. a. I only b. 3 only c. 1 and 2. d. 2 and 3 4. Which of the following charitable truses allow investments in securities that are exempe from taxes 1. CRATs 2 CRUT 3. Pooled income fund. a. 1 only b. 2 only c. 1 and 2. d. 1 and 3 MG 141 10 JP