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[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

[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 2022: Charity Property Cost FMV State University Cash $ 15,400 $ 15,400 Red Cross Cash 14,700 14,700 State History Museum Antique painting 5,040 83,600 City Medical Center Dell stock 32,000 21,000 b. Assume that Dean's AGI this year is $170,000. Determine Dean's itemized deduction for his charitable contributions this year and any carryover. Deduction? Carryover????

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