Contributions of ordinary income property for the charitable contribution deduct
ID: 2549481 • Letter: C
Question
Contributions of ordinary income property for the charitable contribution deduction (choose all that apply)
may consist of bandages sold by Walmart
may consist of bandages in the Student Health Center of your university that are complimentary for students injuries
are limited to the basis of the property for a deduction
a and b only
a and c only
a, b and c
c only
a.may consist of bandages sold by Walmart
b.may consist of bandages in the Student Health Center of your university that are complimentary for students injuries
c.are limited to the basis of the property for a deduction
d.a and b only
e.a and c only
f.a, b and c
g.c only
Explanation / Answer
The correct option is g that is C only as teh option a and b shall not form part of answer
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