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What is the amount of Lumpy charitable contribution deduct

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Question - Lumpy makes a gift of a van to a local clothing bank run by a charity. Lumpy had used the van in her trade or business. The van has a FMV of $6,500; a cost of $31,000; and $27,000 depreciation claimed. What is the amount of Lumpy's charitable contribution deduction?

Reference no: EM133095258

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