What is the amount of casey''s deduction, Accounting Basics

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What is the amount of casey''s deduction

Casey owned stock in Jupiter Corporation that he donated to a university (a qualified charitable organization) on December 30, 2009. What is the amount of Casey's deduction assuming that he had purchased the stock for $10,000 on January 3, 2009, and the stock had a fair market value of $32,000 when he made the donation? Casey's AGI is $400,000

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

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What is the amount of Casey's deduction assuming that he had purchased the stock for $10,000 on January 3, 2009, and the stock had a fair market value of $32,000 when he made the donation? Casey's AGI is $400,000

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

Reference No:- TGS071485

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Recent Questions Asked Accounting Basics

Q : Prepare the journal entries at the date of purhase

Q : Company employee database

Q : What is the days'' sales in average receivables

Q : What happen to consumer surplus if sale of good is taxed

Q : What is the amount of casey''s deduction

Q : What cost would accountant measure

Q : Explain the concept of system boundaries

Q : Calculation federal withholding

Q : What would be recorded as a gain (loss) on the transfer

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Request for Solution File

Ask an Expert for Answer!!

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

Reference No:- TGS071485

Recent Questions Asked Accounting Basics

Q : Prepare the journal entries at the date of purhase

Q : Company employee database

Q : What is the days'' sales in average receivables

Q : What happen to consumer surplus if sale of good is taxed

Q : What is the amount of casey''s deduction

Q : What cost would accountant measure

Q : Explain the concept of system boundaries

Q : Calculation federal withholding

Q : What would be recorded as a gain (loss) on the transfer

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