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Melendez qualified to itemize deductions this year. Her AGI was $50k and she made a $20k cash donation directly to the school. She also donated
Melendez qualified to itemize deductions this year. Her AGI was $50k and she made a $20k cash donation directly to the school. She also donated art, valued at $30k, to be displayed at the gallery. She purchased the art two years earlier for $3k. What was the max amount of the charitable contribution allowable?
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