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Determine the deductible charitable contribution in each of the following instances. Charitable contribution of $2,600 and taxable income before charitable contribution of $42,000. Charitable contribution
Determine the deductible charitable contribution in each of the following instances.
- Charitable contribution of $2,600 and taxable income before charitable contribution of $42,000.
- Charitable contribution of $5,200 and taxable income before charitable contribution of $42,000.
- Charitable contribution of $3,050 and taxable income before charitable contribution of $42,000. Taxable income includes a net operating loss carryforward of $3,500.
- Charitable contribution of $3,050 and taxable income before charitable contribution of $34,200. Taxable income includes a capital loss carryback of $3,500.
what are the deductible charitable contribution in each
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