Help 14 In 2021. LAA Incorporated made a charitable donation of $100,000 to the American...
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Help 14 In 2021. LAA Incorporated made a charitable donation of $100,000 to the American Red Cross. For the year, LAA reported taxable income of $550,000, which included a $100.000 charitable contribution deduction (before limitation), a $50,000 dividends-received deduction, and a $10,000 net operating loss carryover from year 2020. What is LAA Incorporated's charitable contribution deduction for 20217 Assume the charitable donation is not a qualified contribution because LAA Incorporated. Did not make the necessary election Dints Skipped Chaettable contribution deduction for year 1 BO
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