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QUESTION 7 Karla Camila Cabello Estrabao, a taxpayer using the cash method of accounting, has a 35% marginal tax rate for 2019 and expects to
QUESTION 7 Karla Camila Cabello Estrabao, a taxpayer using the cash method of accounting, has a 35% marginal tax rate for 2019 and expects to have a 15% marginal tax rate in 2020 once she retires. In January 2020, Karla plans to make a charitable contribution of $10,000 a su iglesia catlica in honor of her parent's 50th aniversario de bodas. Assuming she itemizes, what will be the net benefit to Karla if she makes the charitable contribution in 2019 instead of making the contribution in 2020? A. $1,500 B. $2,000 C. $2,500 D. $3,000 E. $3,500
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