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For 2020, Trey Shoemaker has Net Income for Tax Purposes of $530000 and Taxable income of $222000. During the year, he makes eligible charitable gifts
For 2020, Trey Shoemaker has Net Income for Tax Purposes of $530000 and Taxable income of $222000. During the year, he makes eligible charitable gifts of $188000. Determine Mr. Shoemaker's 2020 charitable donations tax credit.
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
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