Business, 13.03.2020 16:54 baeethtsadia
Sacha purchased land in 2010 for $35,000 that she held as a capital asset. This year, she contributed the land to the Boy Scouts of America (a charitable organization) for use as a site for a summer camp. The market value of the land at the date of contribution is $40,000. Sacha's adjusted gross income is $90,000. Assuming no special elections, Sacha's maximum deductible contribution this year is
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Sacha purchased land in 2010 for $35,000 that she held as a capital asset. This year, she contribute...
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