Helen's records for the current year contain the following information: -She donated IBM stock that she purchased 5 yea

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answerhappygod
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Helen's records for the current year contain the following information: -She donated IBM stock that she purchased 5 yea

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Helen's records for the current year contain the following
information:
-She donated IBM stock that she purchased 5 years ago for $3,000
when it had a FMV of $5000 to the American Lung Association.


-She donated 20 hours of his time as a professional nurse to First
Presbyterian Church. She bills her time to patients at $50 per
hour.
-He also donated $7,500 cash to a qualified charitable
organization.
-She paid her Home Owner's Asociation $1000.
Patrick's adjusted gross income for the year is $100,000. What is
the amount of his charitable contribution deduction?
a.
$13,500
b.
$11,500
c.
$12,500
d.
$10,500
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