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Kindly assist me ASAP 20. Robin contributed $60,000 cash to the United Way. Robin's Adjusted Gross Income amounted to $100,000. Of the following choices, which
Kindly assist me ASAP
20. Robin contributed $60,000 cash to the United Way. Robin's Adjusted Gross Income amounted to $100,000. Of the following choices, which one is the most correct assuming Robin itemizes and she does not take the standard deduction? A. Robin can deduct all of the $60,000 as a Charitable Contribution on her federal individual income tax return as an itemized deduction. B. None of it can be deducted. C. Only $30,0000 is deductible based upon the 50% rule. D. Only $30,000 is deductible but the other $30,000 can be used the following year as a "carryover
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