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How much of a deduction does he receive and why

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Q1. If Bob donates stock that he's held for 4 years with a current value of $5,000 and a cost to him of $2500, how much of a deduction does he receive and why?

Q2. Assume the same facts as #1 except he only held the stock for 6 months. Now, how much can he receive and why?

Reference no: EM133152768

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