Jake Baxter donated $100,000 in cash to a Canadian registered charity.His Net Income For Tax Purposes and
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Question:
- Jake Baxter donated $100,000 in cash to a Canadian registered charity.His Net Income For Tax Purposes and Taxable Income for the year is $120,000.Calculate Jake's maximum federaltax credit for charitable gifts.
$13,500.
$15,000.
$26,072.
$28,972.
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