In 2019 Ron and Hermione made the following contributions to the following organizations.

Charity

Property

Cost

FMV

Goodwill

Clothes and misc.

household items

(several years old)

$15,700

$4,350

Civil War Museum

Coin Collection

$19,500

$92,700

Ron and Hermione's best

friends whose house burned

down

Cash

$3,500

$3,500

Salvation Army

Cash

$12,500

$12,500

Toys for Tots

New toys

$2,500

$2,500

Henry Ford Hospital

Rigor stock

$14,000

$6,000

Wayne State University

Exxon Mobil Stock

(held 5 years)

$17,500

$42,800

Wayne State University

Cash

55,000

$55,000

Determine the maximum amount of charitable deduction for each of these categories -

ignoring

any AGI

ceiling

on charitable contributions - and assuming that the Historical Museum plans to display the coin

collection in the museum.

Category

Amount

60%

50%

30%

Determine Ron and Hermione's maximum deductible charitable contribution (and any carryover) assuming

their AGI is $200,000.

Category

Amount

60%

50%

30%

Carryover

Determine Ron and Hermione's maximum deductible charitable contribution (and any carryover) assuming

their AGI is $350,000.

Category

Amount

60%

50%

30%

Carryover

Show Work for any potential partial credit