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the correct answer neither 105603 nor 12000. please provide explaination with it. Jessie makes the following contributions ST Capital Loss Stock Basis $5,603,FMV=$12,000 to the

the correct answer neither 105603 nor 12000.
please provide explaination with it.
image text in transcribed
Jessie makes the following contributions ST Capital Loss Stock Basis $5,603,FMV=$12,000 to the United Way Jerry's AGI is $100,000 What is his total deductible contribution

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