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During the current year, Madison reports AGI of $195,000. As part of some estate planning, she donates $15,000 to her alma mater, Autumn University, and

During the current year, Madison reports AGI of $195,000. As part of some estate planning, she donates $15,000 to her alma mater, Autumn University, and $70,000

to a private nonoperating foundation. (Assume the year is 2019.)

Requirements

a.

What is the amount of

Madison's

charitable deduction for the current year?

b.

Assume the same facts in Part a except that she donates

$25,000

to

Autumn University.

Requirement a. What is the amount of

Madison's

charitable deduction for the current year?

Amount

Charitable contribution for the year

$

Charitable contribution carryover

$

Requirement b. Assume the same facts in Part a except that she donates

$25,000

to

Autumn University.

Amount

Charitable contribution for the year

Charitable contribution carryover

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