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For a C-Corp what is the limitation for a deduction of the charitable deduction? a. ten percent of taxable income b. ten percent of taxable
For a C-Corp what is the limitation for a deduction of the charitable deduction? a. ten percent of taxable income b. ten percent of taxable income adjusted by adding back the contribution amount then applying the percentage amount Octen percent of taxable income adjusted by subtracting the contribution amount then applying the percentage amount d. 60 percent of adjusted gross income e depends on whether the contribution is tangible personal property. In that case, the corporation must wait two years
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