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In December of each year, Eleanor Your contributes 10% af her gross income to the United Way (a 50% organization). Eleanor, who the 24% marginal

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In December of each year, Eleanor Your contributes 10% af her gross income to the United Way (a 50% organization). Eleanor, who the 24% marginal tax bracket, Coring the following alternatives for Satifying the contribution Fair Markut Value (1) Cash donation 5142,600 (2) Unimproved and held for six war (21. b) $142,500 (3) Blue Corporation stockhold for sight month (521,390 basis) $142,600 (4) Gold Corporation stock held for two years ($171,120 basis) $142,500 Eleanor has asked you to help her decide which of the potential contribution listed above will be most advantageous tax-wise. Evaluate the fou alternatives and complete a letter to Elenco Determine the amount of the charitable contribution for each option. Charitable Contribution Cash donation Limproved and held for six years (521,390 basis) Blue Corporation stock held for the month (521,390 basis) cald Corporation stock held for two years (5171,120 basis) Young, Nellen, Raabe, Hoffman, & Maloney, CPA 5191 Natorp Boulevard Mason, OH 45040 De S, 2020 M. Er Young 2622 Bayshore Drive Barkley, CA 94700 Dear Ms. Your I have evaluated the propiedallatives for your current year and contribution to the United Way. I recommend that you all the Gold Corporation stock and donate the proceed to the United way. The four alternatives are discussed bakom. A donation of cash, the unimproved land, or the Gold stock will result in a charitable contribution deduction Danation of the Blue Corporation stock will result in cely a charitable contribution detection A direct contribution of the Gold Corporation stock will be decision from a la perspective in that the decine in value deducible and the amount of the charitable contribution wuld be you see the Goldstock and give the proceeds to Liited Way, the donation of the proceeds willinas charitable contribution deduction. In addition, sale of the stock will result in as long-Larm capitals. If you have capital gains of or more this year, you can the entireless in computing your current taxable incom If you have no capital gains this year, you can kedua of the capital is the year and carry over the remaining osasto future years. You should make the donation in time for Ownership to change hands before the end of the year. Therefore, I recommend that you notify your broker immediately so that there will be no problem in completing the donation on a timely basis Pest me know if you have any issor would like to discuss my recommendation and the related analys. Thank you for coming our cum on this matter. We look forward to serving you in the future Sincerely, Nota Oldham,CHA In December of each year, Eleanor Your contributes 10% af her gross income to the United Way (a 50% organization). Eleanor, who the 24% marginal tax bracket, Coring the following alternatives for Satifying the contribution Fair Markut Value (1) Cash donation 5142,600 (2) Unimproved and held for six war (21. b) $142,500 (3) Blue Corporation stockhold for sight month (521,390 basis) $142,600 (4) Gold Corporation stock held for two years ($171,120 basis) $142,500 Eleanor has asked you to help her decide which of the potential contribution listed above will be most advantageous tax-wise. Evaluate the fou alternatives and complete a letter to Elenco Determine the amount of the charitable contribution for each option. Charitable Contribution Cash donation Limproved and held for six years (521,390 basis) Blue Corporation stock held for the month (521,390 basis) cald Corporation stock held for two years (5171,120 basis) Young, Nellen, Raabe, Hoffman, & Maloney, CPA 5191 Natorp Boulevard Mason, OH 45040 De S, 2020 M. Er Young 2622 Bayshore Drive Barkley, CA 94700 Dear Ms. Your I have evaluated the propiedallatives for your current year and contribution to the United Way. I recommend that you all the Gold Corporation stock and donate the proceed to the United way. The four alternatives are discussed bakom. A donation of cash, the unimproved land, or the Gold stock will result in a charitable contribution deduction Danation of the Blue Corporation stock will result in cely a charitable contribution detection A direct contribution of the Gold Corporation stock will be decision from a la perspective in that the decine in value deducible and the amount of the charitable contribution wuld be you see the Goldstock and give the proceeds to Liited Way, the donation of the proceeds willinas charitable contribution deduction. In addition, sale of the stock will result in as long-Larm capitals. If you have capital gains of or more this year, you can the entireless in computing your current taxable incom If you have no capital gains this year, you can kedua of the capital is the year and carry over the remaining osasto future years. You should make the donation in time for Ownership to change hands before the end of the year. Therefore, I recommend that you notify your broker immediately so that there will be no problem in completing the donation on a timely basis Pest me know if you have any issor would like to discuss my recommendation and the related analys. Thank you for coming our cum on this matter. We look forward to serving you in the future Sincerely, Nota Oldham,CHA

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