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Jaylen made a charitable contribution to his church in the current year. He...

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Accounting

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Jaylen made a charitable contribution to his church in the current year. He donated common stock valued at $33,150 (acquired as an investment in 2005 for $17,000). Jaylen's AGI in the current year is $83,000. a. What is his allowable charitable contribution deduction? b. How are any excess amounts treated? a Charitable contribution deduction b. Carryover Carryback

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