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In 2022. Remsco has taxable income of $60,000 and a charitable contribution limit modified taxable income of $28,800. Remsco donated cash of $7,500 to
In 2022. Remsco has taxable income of $60,000 and a charitable contribution limit modified taxable income of $28,800. Remsco donated cash of $7,500 to a qualified public charity. What is Remsco's current-year charitable contribution deduction ssuming Remsco makes any elections necessary to maximize its charitable contribution deduction? $6.750 current-year deduction $7.500 current-year deduction 50 current-year deduction $2.880 current-year deduction
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