1) For the current year, Gina Hestopolis had adjusted gross income of $100,000. During the...
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For the current year, Gina Hestopolis had adjusted gross income of $ During the year, she contributed a total of $ to her church evenly throughout the year and an additional $ to qualified charities. She also contributed religious artwork with a fair market value of $ and a basis of $ to her church. The church intends to display the religious artwork in the church foyer. What is the amount of the charitable contribution carryforward beyond the current year for Gina Hestopolis? Multiple Choice $ $ $ $ During the year, Greta's mountain cabin was almost completely destroyed by a fire started in her kitchen. She had adjusted gross income of $ in and related data with respect to the cabin follows: Cost basis: $ Value before casualty: $ Value after casualty: $ Greta was partially insured for the loss and, in she received a $ insurance settlement. What is Greta's allowable casualty loss deduction for Multiple Choice $ $ $ $
For the current year, Gina Hestopolis had adjusted gross income of $ During the year, she contributed a total of $ to her church evenly throughout the year and an additional $ to qualified charities. She also contributed religious artwork with a fair market value of $ and a basis of $ to her church. The church intends to display the religious artwork in the church foyer. What is the amount of the charitable contribution carryforward beyond the current year for Gina Hestopolis?
Multiple Choice
$
$
$
$
During the year, Greta's mountain cabin was almost completely destroyed by a fire started in her kitchen. She had adjusted gross income of $ in and related data with respect to the cabin follows:
Cost basis: $
Value before casualty: $
Value after casualty: $
Greta was partially insured for the loss and, in she received a $ insurance settlement. What is Greta's allowable casualty loss deduction for
Multiple Choice
$
$
$
$
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