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During the current year, Maria reports AGI of $135,000. As part of some estate planning, she donates $15,000 to her alma mater, Star College, and
During the current year, Maria reports AGI of $135,000. As part of some estate planning, she donates $15,000 to her alma mater, Star College, and $43,000 to a private nonoperating foundation. (Assume the year is 2018.) Requirements a. What is the amount of Maria's charitable deduction for the current year? b. Assume the same facts in Part a except that she donates $35,000 to Star College. Requirement a. What is the amount of Maria's charitable deduction for the current year? Amount Charitable contribution for the year Charitable contributio carryover
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