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For each independent scenario described below, indicate the applicable limitation. A. 20% of taxpayer's AGI B. 30% of taxpayer's AGI C. 50% of taxpayer's AGI

For each independent scenario described below, indicate the applicable limitation.

A. 20% of taxpayer's AGI

B. 30% of taxpayer's AGI

C. 50% of taxpayer's AGI

D. 60% of taxpayer's AGI

E. Not deductible

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Ron donated $500 to his church.

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Leslie donated a valuable painting to the Bill and Melinda Gates Foundation, a private non-operating foundation. She purchased it several years ago for $3,000 and it is now valued at $25,000.

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Anne donated $300 worth of clothing to Goodwill.

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Andy donated 500 shares of publicly traded stock in Microsoft Inc. to Make a Wish Foundation, a public charity. He purchased the stock for $120 per share two years ago, but it declined in value to $100 per share at the time of his donation.

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April volunteered at a local public charity just outside of her hometown all year. She drove 25 miles each way 20 times during the year.

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