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Question

Larry recorded the following donations this year:

$660 cash to a family in need

$2,560 to a church

$660 cash to a political campaign

To the Salvation Army household items that originally cost $1,360 but are worth $460.

What is Larry's maximum allowable charitable contribution if his AGI is $61,600?

Multiple Choice

None of the choices are correct.

  • $1,320.
  • $3,220.
  • $3,020.
  • $5,240.

 

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