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Martin donated stock (capital gain property) to a public charity. He purchased the stock three years ago for $100,000, and on the date of the

Martin donated stock (capital gain property) to a public charity. He purchased the stock three years ago for $100,000, and on the date of the gift, it had a fair market value of $200,000. What is his maximum charitable contribution deduction for the year related to this stock if his AGI is $500,000?

Multiple Choice

  • $100,000.

  • $200,000.

  • $150,000.

  • $250,000.

  • None of the choices are correct.

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