What is the amount of christopher''s deduction


Christopher owned stock in Thyme Corporation that he donated to a university (a qualified charitable organization) on December 30, 2008. What is the amount of Christopher's deduction assuming that he had purchased the stock for $22,000 on January 3, 2008, and the stock had a fair market value of $58,000 when he made the donation? Christopher's AGI is $400,000.

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Accounting Basics: What is the amount of christopher''s deduction
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