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Larry recorded the following donations this year: $550 cash to a family in need $2,450 to a church $550 cash to a political campaign To
Larry recorded the following donations this year:
$550 cash to a family in need
$2,450 to a church
$550 cash to a political campaign
To the Salvation Army household items that originally cost $1,250 but are worth $350.
What is Larry's maximum allowable charitable contribution if his AGI is $60,500?
Multiple Choice
- $1,100.
- $4,800.
- $2,800.
- None of the choices are correct.
- $3,000.
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