Essay
During 2008,Violet Corporation (a calendar year taxpayer)had the following income and expenses:
In addition to the above,Violet had a domestic production activities deduction of $3,000,and a charitable contribution carryover (originating in 2004)of $6,000.
A)What is Violet's charitable contribution deduction for 2008?
B)If any of Violet's charitable contributions are not deductible in 2008, how is such excess treated?
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