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Haddad, Inc., a C corporation, had a taxable income of $5,600 for the current year before the charitable contribution deduction. The corporation made charitable contributions
Haddad, Inc., a C corporation, had a taxable income of $5,600 for the current year before the charitable contribution deduction. The corporation made charitable contributions of $1,000 during the year and received no dividends. How much is Haddad, Incs. charitable contribution carryover for the year?
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