Maria has AGI of $100,000. She donated stock to University worth $50,000, which she had a basis
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Maria has AGI of $100,000. She donated stock to University worth $50,000, which she had a basis of $40,000. She held the stock for three months before making the donation. What are the tax consequences related to the contribution?
Related Book For
Essentials Of Federal Taxation 2018
ISBN: 9781260007640
9th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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