A Regular Corporation with Excess Charitable Contributions May Carry the Excess

question 66

True/False

A regular corporation with excess charitable contributions may carry the excess forward to the 5 succeeding tax years.

---

Definitions:

Intrusive

Describes actions or behaviors that infringe upon someone's privacy or personal space without consent.

Negative Peer Influence

The pressure exerted by peers that leads individuals to adopt harmful behaviors or attitudes, often against their better judgment.

School Activities

School activities involve various extracurricular programs, clubs, sports, and organizations designed to enrich students' educational experience and promote their holistic development beyond the core academic curriculum.

Teenage Pregnancy

Pregnancy occurring in a female who is aged between 13 and 19, which may present unique social, economic, and health challenges.