Claire donated 250 publicly-traded shares of stock held for


Claire donated 250 publicly-traded shares of stock (held for 5 years) to her father's nonoperating private foundation this year. The stock was worth $15,050 but Claire's basis was only $4,050. Determine the maximum amount of charitable deduction for the donation if Claire's AGI is $60,500 this year.

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Financial Accounting: Claire donated 250 publicly-traded shares of stock held for
Reference No:- TGS01658969

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