Business, 21.10.2020 17:01 kimho2324

Ramon had AGI of $165,000 in 2020. He is considering making a charitable contribution this year to the American Heart Association, a qualified charitable organization. Determine the current allowable charitable contribution deduction in each of the following independent situations, and indicate the treatment for any amount that is not deductible currently. Identify any planning ideas to minimize Ramon's tax liability.

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Ramon had AGI of $165,000 in 2020. He is considering making a charitable contribution this year to t...

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