A Charitable Contribution in Excess of the Deduction Limit for One

question 35

True/False

A charitable contribution in excess of the deduction limit for one taxable year can be carried forward five years.

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Definitions:

Conservatism

A political and social philosophy promoting traditional institutions and practices, emphasizing stability and continuity.

Gender Identity

The personal sense of one's own gender, which may or may not correspond to the sex assigned at birth, and is a deeply held sense of being male, female, both, neither, or anywhere along the gender spectrum.

Sexual Identity

How one thinks of oneself in terms of to whom one is romantically or sexually attracted.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, often based on social and cultural meanings.