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Grace Has AGI of $60,000 in 2019 and 2020

Question 95

Multiple Choice

Grace has AGI of $60,000 in 2019 and 2020.She makes cash contributions to public charities of $40,000 in 2019 and $37,000 in 2020.Grace's charitable contribution carryover to 2021 is


A) $0.
B) $1,000.
C) $4,000.
D) $5,000.

Correct Answer:

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