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Hello, I need some help figuring out how to calculate the charitable contribution deduction as well as the carryover for this problem. All I ask

Hello, I need some help figuring out how to calculate the charitable contribution deduction as well as the carryover for this problem. All I ask is for work to be show because I want to go back and make sense of the problem for future problems. Thank you! image text in transcribed

Required information Problem 6-50 (LO 6-2) (Algo) [The following information applies to the questions displayed below.] Calvin reviewed his canceled checks and receipts this year (2023) for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since 2005 . Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. Note: Leave no answer blank. Enter zero if applicable. Problem 6-50 Part-d (Algo) d. Calvin's AGI is $280,000 and Hobbs is a private nonoperating foundation

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