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Taxpayer makes the following donations. What is her charitable deduction (ignoring AGI limits)? stock (held 10 mos.) stock (held 5 years) inventory used shoes/clothes
Taxpayer makes the following donations. What is her charitable deduction (ignoring AGI limits)? stock (held 10 mos.) stock (held 5 years) inventory used shoes/clothes COST FMV 400 200 500 2,000 100 300 1,000 100 land held for investment 5,000 10,000 painting to art museum 1,000 3,000 coin collection to united way 1,000 3,000 ** land, painting and coin collection have been held for >1 yr.
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