Question
during 2016, Al made the following contributions to his church: Cash 20000 stock in thrush 30000 the stock thrush a publicly traded corporation, was acquired
during 2016, Al made the following contributions to his church: Cash 20000 stock in thrush 30000
the stock thrush a publicly traded corporation, was acquired three years ago at a cost of 10000. Al's AGI for 2015 is 70000. what is Al's Charitable contribution deduction in 2016 and does he have a carryover? if so, how much is the carryover and what is the carryover period?
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Accounting And Auditing Practices In Africa
Authors: Mariaan Roos, Lesley Stainbank
1st Edition
1928357431, 978-1928357438
