What is itemized deduction for charitable contributions, Taxation

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What is itemized deduction for charitable contributions

Problem: Jack Harrow has adjusted gross income of $40,000. During 2022, Jack contributed $5,000 in cash to his church and stock with a fair market value of $26,000 to the Salvation Army. The stock had cost Jack $16,000 5 years ago. What is Jack's potential itemized deduction for charitable contributions in 2022 and how does it affect future years?

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