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Business, 21.04.2020 00:34 MAFA6835

Carly donated inventory (ordinary income property) to a church. She purchased the inventory last month for $100,000, and on the date of the gift, it had a fair market value of $92,000. What is her maximum charitable contribution deduction for the year related to this inventory if her AGI is $200,000?

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Carly donated inventory (ordinary income property) to a church. She purchased the inventory last mon...

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