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Monica has AGI of $100,000 and expects her income to remain level for the next several years. She wants to donate $65,000 in cash to
Monica has AGI of $100,000 and expects her income to remain level for the next several years. She wants to donate $65,000 in cash to the Athens Ballet (a 501(c)(3) charity). If this is the only charitable contribution Monica makes this year, how much can Monica deduct on her tax return this year? 01) $30,000 O2) $65,000 03) $50,000 04) $60,000
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