Bonnie's charitable contributions and AGI for the past four years were as follows:
|
|
|
2010 |
2011 |
2012 |
2013 |
| AGI |
|
|
$ 50,000 |
$ 55,000 |
$ 58,000 |
$ 60,000 |
| Contributions subject to the |
|
|
|
|
| 50% limitation |
|
40,000 |
29,000 |
25,000 |
10,000 |
Required:
What is the amount of the charitable deduction for each year and the order in which the deduction and carryovers are used.