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Christa Has Made a $25,000 Pledge to the American Red

Question 72

Multiple Choice

Christa has made a $25,000 pledge to the American Red Cross (a public charity) .Christa expects AGI of $200,000 this year.Which of the following assets should she donate?


A) $25,000 of cash
B) stock purchased three years ago for $18,000 with a current FMV of $25,000
C) stock purchased six months ago for $28,000 with a current FMV of $25,000
D) Christa should be indifferent among the three choices.

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