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During the current year, Maryssa reports AGI of $190,000. As part of some estate planning, she donates $25,000 to her alma mater, Palomino University, and
During the current year, Maryssa reports AGI of $190,000. As part of some estate planning, she donates $25,000 to her alma mater, Palomino University, and $60,000 to a private nonoperating foundation. Assume the year is 2018.) Requirements What is the amount of Maryssa's charitable deduction for the current year? b. Assume the same facts in Part a except that she donates $35,000 to Palomino University a. Requirement a. What is the amount of Maryssa's charitable deduction for the current year? Amount $ Charitable contribution for the year Charitable contributio carryover 57,000 28,000 $ Requirement b. Assume the same facts in Part a except that she donates $35,000 to Palomino University Amount Charitable contribution for the year Charitable contributio carryover
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