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What is the amount of charitable contributions deductible

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Question - Rodney is single and has adjusted gross income of 100,000. He qualifies to itemize deductions for the current tax year. Rodney's only charitable contribution this year is an antique car that he had owned for 30 years that had a fair market value of $50,000 and adjusted basis of $15,000. What is the amount of charitable contributions deductible on Rodney's current year income tax return?

Reference no: EM132526938

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