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Business, 14.06.2020 04:57 catchonyet

Dorchester purchased investment realty in 2001 for $25,000. During the current year, he contributes it to the American Heart Association to use as the site for its new local headquarters. The realty has a value of $52,000 on the contribution date, and Dorchester's AGI is $100,000. Dorchester's maximum current year contribution deduction is:

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Dorchester purchased investment realty in 2001 for $25,000. During the current year, he contributes...
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