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Jeff made the following donations : a. Donated stock to the local community college. They purchased the stock on 3/17/2009 for $10,000 and donated it
Jeff made the following donations :
a. Donated stock to the local community college. They purchased the stock on 3/17/2009 for $10,000 and donated it on 7/4/2020 when the market value was $20,000
b. Donated an old washing machine to the local Goodwill. The washer initially cost the couple $800 and they estimated a new washer would cost approximately $900. The folks at Goodwill thought a used washer was valued at approximately $200.
Calculate what the the charitable contributions itemized deductions for a and b
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