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Ignacio and Perla Are Married and Both Are Government Employees

question 62

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Ignacio and Perla are married and both are government employees.They contribute money to various organizations each year and file a joint return.Their adjusted gross income for 2017 is $100,000.They contributed to the following organizations in 2017: -$3,500 to the World Wildlife Foundation
-$10,000 to the Salvation Army
-$2,000 to a local city council candidate
-$11,000 to a breast cancer research hospital
-Donated clothing to Goodwill.(Ignacio purchased the items for $375,but the thrift shop value of the same items at a local second-hand store is equal to $60. )
How much can Ignacio and Perla deduct as charitable contributions for the year 2017?


Definitions:

Responsibility

The duty or obligation to perform tasks, make decisions, or manage resources in a way that is accountable and trustworthy.

Authority

A recognized power or right, often referring to the ability to make decisions and enforce obedience.

Resource Allocation

The process of distributing available resources among various projects, tasks, or investments in an efficient manner.

Task Conflicts

Disagreements among individuals about the content and outcomes of the task being performed.

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