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Required information Problem 6 - 5 1 ( LO 6 - 2 ) ( Algo ) [ The following information applies to the questions displayed
Required information
Problem LO Algo
The following information applies to the questions displayed below.
In addition to cash contributions to charity, Dean decided to donate shares of stock and a portrait painted during the
earlier part of the last century. Dean purchased the stock and the portrait many years ago as investments. Dean reported
the following recipients in :
Problem Partb Algo
b Assume that Dean's AGI this year is $ Determine Dean's itemized deduction for his charitable contributions this year and
any carryover.
Answer is complete but not entirely correct.
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