Limit F01 Question 52 of 100. The 60% AGI deduction limitation applies to all of the following cash contributions EX...

Question

Question

Limit F01 Question 52 of 100. The 60% AGI deduction limitation applies to all of the following cash contributions EXCEP Frate

Answer 1

Answer #1

Ans: The correct option for the answer is option D i.e. scouting organisation

Given all the options other than scouting organisation all other are subjected to 60% AGI Deduction for the cash distributions.

Answer 2

Similar Homework Help Questions

the 60% agi deduction limitation applies to all of the following cash contributions except. fraternal societies...

the 60% agi deduction limitation applies to all of the following cash contributions except. fraternal societies nonprofit hospitals and medical research organization religous organization scouting organization
federal income tax question Question 10 of 15. Hailee makes the following contributions in 2019 (all...

federal income tax question Question 10 of 15. Hailee makes the following contributions in 2019 (all of which she can substantiate): Goodwill, clothing she bought for $950 with a FMV of $310. Salvation Army, automobile, FMV of $750, sold for $700. YWCA, 200 volunteer miles. Nonprofit cemetery, $500 for care of her grandfather's crypt, Qualified exchange student, $1,000 during four months for the well. being of the student. How much will she be able to deduct for contributions on Schedule...
Gleim 6 Deductions from AGI [1] Which one of the following expenses does not qualify as...

Gleim 6 Deductions from AGI [1] Which one of the following expenses does not qualify as a deductible medical expense? A. Cost of long-term care for a developmentally disabled person in a relative’s home. B. Special school for a deaf child to learn lip reading. C. Cost of elevator installed for individual who had heart bypass surgery (in excess of increase in value of individual’s home). D. Cost and care of guide dogs used by a blind person in his...