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Required information The following information applies to the questions displayed below Calvin reviewed his cancelled 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 cancelled checks and receipts this year for charitable contributions, which included a painting and IBM stock. He has owned the IBM stock and painting since 2005 Cost FMV Donee Item $5,000 $22,000 5,000 3,800 258 8,000 8,000 IBM stock Painting Food and clothes Cash Hobbs Medical Center State Museum A needy family United Way 480 Calculate Calivin's charitable contribution deduction and carryover (If any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) d. Calvin's AGl is $100,000 and Hobbs is a nonoperating private foundation. Charitable contribution deduction F4 6 8 Checl Required information The following information applies to the questions displayed below Calvin reviewed his cancelled checks and receipts this year for charitable contributions, which included a ng and IBM stock. He has owned the IBM stock and painting since 2005. Item Cost FMV Donee IBM stock Painting Food and clothes Cash s5,eee $22,ee0 Hobbs Medical Center State Museum A needy family United Way 5,800 3,00 400 8,000 8,000 Celculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) e. Calvin's AGI is $100,000 and the peinting is worth $10,000 Carryover Insert 3

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