Compute don contribution deduction

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Question - Compute the current deduction and carryover for contributions of appreciated property - Criteria 3/4. Don donates a truck that was used in his business to his church in 2019. The truck, which was purchased for $2,500, has an adjusted basis of $810 and a FMV of $1,600 at the time of the contribution. The church sold the truck without using it Don has a contribution base of $10,000. Compute Don's 2019 contribution deduction.

Reference no: EM133177135

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