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Business, 17.12.2021 01:00 dani6651

In 2021, Remsco has taxable income of $60,000 and a charitable contribution limit modified taxable income of $72,000. Remsco donated cash of $7,500 to a qualified public charity. What is Remsco's current-year charitable contribution deduction assuming Remsco makes any elections necessary to maximize its charitable contribution deduction

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In 2021, Remsco has taxable income of $60,000 and a charitable contribution limit modified taxable i...
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