2 1 ok int rences Required information The following

Last updated: 3/3/2024

2 1 ok int rences Required information The following information applies to the questions displayed below Calvin reviewed his canceled checks and receipts this year 2023 for charitable contributions which included an antique painting and IBM stock He has owned the IBM stock and the painting since 2005 Donee Hobbs Medical Center State Museum A needy family United Way a Calvin s AGI is 150 000 Item IBM stock Antique painting Food and clothes Cash Charitable contribution deduction Carryover Cost 6 000 5 500 500 18 000 Calculate Calvin s charitable contribution deduction and carryover if any under the following circumstances Note Leave no answer blank Enter zero if applicable FMV 32 000 3 300 300 18 000