Which of the following is a true statement in 2021? Multiple Choice The deduction of capital gain property to private nonoperating foundations is limited to 50 percent of AGI. The deduction of cash contributions to private nonoperating foundations is limited to 40 percent of AGI. The deduction of capital gain property to public charities is limited to 20 percent of AGI. None of the choices is true.. The deduction of cash contributions to public charities is not limited.