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You donate a small parcel of land you were using in your business to your church for your pledge. What type of category does this

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You donate a small parcel of land you were using in your business to your church for your pledge. What type of category does this fit in? a. ordinary property b. 1231-ordinary property c. \$1221 property d. none of the answers are correct e. $12311245 property f. $12311250 property You donate $1,000 shares of IBM to your church for your pledge. What type of category does this fit in? a. $1231 - ordinary property b. $12311250 property c. 12311245 property d. none of the answers are correct e. $1221 property f. ordinary property It is often difficult to pinpoint exactly when a security becomes worthless, so the loss on a worthless security is treated as occurring on the last day of the taxable year. Select one: True False a state tax refund to be included in the next year's income, what must have happened? (multiple answers possible) a. you must have claimed the standard deduction b. must have had state withholding taxes withheld in the previous year c. you did not have more than $10,000 in other taxes other than state withholding d. you had adjustments to adjusted gross income e. must have claimed these taxes as an itemized deduction

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