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Business, 19.02.2021 04:10 Bekks

Patrick has an adjusted gross income of $160,000 in the current year. He donated $30,000 in cash to a public charity, capital gain property with a basis of $15,000 and a fair market value of $40,000 to a public charity, and publicly traded stock with a basis of $20,000 and a fair market value of $35,000 to a private nonoperating foundation. The amount that Patrick can deduct for the stock donation to the private nonoperating foundation is .

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Patrick has an adjusted gross income of $160,000 in the current year. He donated $30,000 in cash to...
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