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Required information [The following information applies to the questions displayed below.) Calvin reviewed his canceled checks and receipts this year for charitable contributions, which included

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Required information [The following information applies to the questions displayed below.) Calvin reviewed his canceled checks and receipts this year for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since 2005, Donee Item Cont THV lobbs Medical Center IBM stock $ 6,000 $32,000 State Museum Antique painting 5,500 1,300 A needy family Food and clothes 500 United Way Canti 18,000 10,000 300 Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) b. Calvin's AGI is $150,000, but the State Museum told Calvin that it plans to sell the painting. Charitable contribution deduction Carryover

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