Ishmael inherited $$3,000,000$ from an aunt during $2024.$ He was

distraught about a serious earthquake in Ecuador where he has

family. He donated $$80,000$ to the US Red Cross, which was

helping the disaster victims. Ishmael's income for $2024,$ other than

the inheritance, is $$70,000$ of W$-2$ income and no above$-$the$-$line

deductions. He is excited about how much the donation will save

him in taxes. You tell him that he can deduct how much in $2024?$

$$42,000$ and carry the remainder over to the following year

$$50,000$ and the remainder can be carried over to the following year

$$42,000$ and the remainder will not be deductible

The entire $$80,000$