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Diana made a charitable contribution to his church in the current year. She donated common stock valued at $30,950 (acquired as an investment in 2005

Diana made a charitable contribution to his church in the current year. She donated common stock valued at $30,950 (acquired as an investment in 2005 for $15,000). Diana's AGI in the current year is $79,000.

Required:

What is his allowable charitable contribution deduction?

b. How are any excess amounts treated?

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