mariyaalbastaki41 mariyaalbastaki41

20-10-2021
Social Studies

contestada

what is the charitable contribution limit for 2020?

Respuesta :

dipayanbhowmik220 dipayanbhowmik220

27-10-2021

Explanation:

Individuals may deduct qualified contributions of up to 100 percent of their adjusted gross income. A corporation may deduct qualified contributions of up to 25 percent of its taxable income. Contributions that exceed that amount can carry over to the next tax year.

Dipayanbhowmik220

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