was the only charitable contribution the The taxpayer paid $55,000 for the land several years ago. It is worth $75 at the time it was donated This A taxpayer donates land to his church taxpayer made during the year. If the taxpayer's AGI is $100,000, which of the following could be an accurate statement regarding the taxpayer's charitable deduction for the land? he taxpayer deducts $50,000 in the current year and carries over $5,000 to the next tax year The taxpayer deducts $50,000 in the current year and carries over $25,000 to the next tax year. O he taxpayer deducts $30,000 in the current year and carries over $25,000 to the next tax year. O he taxpayer deducts $30,000 in the current year and carries over $45,000 to the next tax year. Both a. and d