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K Jameson donates $660 of cash to a registered charity for the year. Disregarding any limitations and assuming that Jameson is not subject to the
K Jameson donates $660 of cash to a registered charity for the year. Disregarding any limitations and assuming that Jameson is not subject to the 33% federal tax rate, how will this affect Jameson's tax situation for the year? Round your answer to the nearest whole dollar. O A. Jameson's taxes payable will be reduced $660. B. Jameson's taxes payable will be reduced $163. OC. Jameson's net income for tax purposes will be reduced $660. O D. Jameson's taxes payable will be reduced $99
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