Assume an individual taxpayer makes a contribution of property to a public charity and the...
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Accounting
Assume an individual taxpayer makes a contribution of property to a public charity and the taxpayer is entitled to deduct the market value which is higher than the taxpayer's cost in the property . The AGI limitation for the current year deductibility of the value of this property is..... of AGI 30 % 50 % 60% 20%
30 % 50 % 60% 20%
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