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Remsco has taxable income of $60,000. Its charitable contributions for the year were $7,500. What is Remsco's current-year charitable contribution deduction and contribution carryover? O
Remsco has taxable income of $60,000. Its charitable contributions for the year were $7,500. What is Remsco's current-year charitable contribution deduction and contribution carryover? O $6,000 current-year deduction; $1,500 carryover. O $7,200 current-year deduction; $300 carryover. O $7,500 current-year deduction; $0 carryover. O $1,200 current-year deduction; $6,300 carryover
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