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Sonjay Had AGI of $60,000 in 2015 and Made Several

question 88

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Sonjay had AGI of $60,000 in 2015 and made several charitable contributions as follows: Land donated to county for new school: FMV = $30,000; basis = $20,000
Appraisal fee for the land: $2,500
Contributions to his church: $4,000
Contributions to the Red Cross: $1,000
What is the maximum charitable contribution deduction that Sonjay could claim in 2015?


Definitions:

Permissive

Permissive refers to a style of parenting or authority where there are few limitations on behavior, leading to more freedom and self-direction for the individual.

Kohlberg's Moral Reasoning

A developmental theory proposing that an individual's ability to judge right from wrong evolves through a series of stages.

Preconventional

A stage in moral development, according to Kohlberg, where moral reasoning is based on rewards and punishments.

Premature

Occurring or done before the usual or proper time; too early.

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