Please Choose the True Statement

question 17

Multiple Choice

Please choose the true statement.

• A)A charitable contribution may be deducted on Schedule A for donations to the mayor's campaign.
• B)A taxpayer may deduct the value of a car donated to charity,but may not claim a deduction greater than the amount for which the charity actually sells the vehicle.
• C)Generally,if charitable contributions are greater than the 50 percent adjusted gross income limitation,they can be carried back 2 years and then forward 5 years.
• D)Raffle tickets for a church drawing are deductible.