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During 2 0 2 4 , Orange Corporation ( a calendar year taxpayer ) had the following income and expenses: Income from operations $ 1
During Orange Corporation a calendar year taxpayer had the following income and expenses:
Income from operations
$
Expenses from operations
Dividends received
Long term capital gain
Short term capital loss
Charitable contributions made in May
a What is Orange's currentyear charitable contribution deduction and contribution carryover?
b What is Organge's DRD this year?
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