Grace Has AGI of $60,000 in 2018 and 2019

question 593

Multiple Choice

Grace has AGI of $60,000 in 2018 and 2019. She makes cash contributions to public charities of $40,000 in 2018 and $37,000 in 2019. Grace's charitable contribution carryover to 2020 is

• A) $1,000.
• B) $4,000.
• C) $5,000.
• D) $0.

---

Definitions:

Canada

A country in the northern part of North America, known for its vast landscapes, multicultural society, and being the second-largest country in the world by total area.

Contributing Factors

Elements or circumstances that play a part in bringing about a particular outcome, often in a complex network of cause and effect.

Secularism

The belief that religion should play no role in public life.

Public Life

Activities and interactions that occur within the public sphere, often involving governance, community participation, and public discourse.