For 2019, Eugene and Linda had adjusted gross income of $30,000. Additional information for 2019 is...
For 2019, Eugene and Linda had adjusted gross income of $30,000. Additional information for 2019 is as follows. Cash contribution to church $1,600 Tuition paid to a parochial school $1,200 Contribution to a qualified charity $400 Cash contribution to a needy family $100 What is the maximum amount they can deduct for charitable contributions in 2019? a.$1,700
b.$500
c.$1,600
d.$2,000
e.None of these choices are correct.
Homework Answers
ANSWER. D. $2,000
CHARITABLE CONTRIBUTION ALLOWED AS ITEMIZED DEDUCTION:
CASH CONTRIBUTION TO CHURCH $1,600
CHARITY $400
TOATL DEDUCTION ALLOWED $2,000
CONTRIBUTION TOWARDS NEEDY PEOPLE OR AN INDIVIDUAL IS NOT ALLOWED AS CHARITABLE CONTRIBUTIONS.
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For 2019, Eugene and Linda had adjusted gross income of $30,000.
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