Your client, Mr. and Mrs. Smith, have asked you about making a $120,000 cash charitable contribution to their church. They have heard that the new tax law has changed some of the rules about itemized deductions and charitable contribution limits, but they dont know the details. They have provided you with their expected adjusted gross income (before any itemized or standard deduction) for 2018 which will be $100,000. Their AGI for 2019 will be $50,000 because Mr. Smith is retiring at the end of 2018. They have no other itemized deduction expenses in 2018 and expect none in 2019.

1)Explain to your manager how this contribution will be deducted on the clients return in 2018 and 2019 and any future years if applicable ,List the code section that applies to charitable contribution limitations

2)List the code section that applies to charitable contribution limitations