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In 2022, Remsco has taxable income of $61,000 and a charitable contribution limit modified taxable income of $28,900. Remsco donated cash of $7,590 to a
In 2022, Remsco has taxable income of $61,000 and a charitable contribution limit modified taxable income of $28,900. Remsco donated cash of $7,590 to a qualified public charity. What is Remsco's current-year charitable contribution deduction assuming Remsco makes any elections necessary to maximize its charitable contribution deduction
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
