Business, 13.08.2019 00:30 amuijakobp78deg
Donna donates stock in chipper corporation to the american red cross on september 10, 2018. she purchased the stock for $21,525 on december 28, 2017, and it had a fair market value of $30,750 when she made the donation. a. the stock is treated as ordinary income property and donna's charitable contribution deduction is $ for tax purposes. b. assume instead that the stock had a fair market value of $18,450 (rather than $30,750) when it was donated to the american red cross. donna's charitable contribution deduction would be $ for tax purposes. previous
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Donna donates stock in chipper corporation to the american red cross on september 10, 2018. she purc...
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