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tekilochka [14]
3 years ago
14

Cash donations to public charities are limited to % of a taxpayer's AGI. Donations of capital gain property to public charities

are generally limited to % of a taxpayer's AGI. And, donations of certain capital gain property to private nonoperating foundations are limited to % of AGI.
Business
1 answer:
Blababa [14]3 years ago
3 0

Answer:

Cash donations to public charities are limited to % of a taxpayer's AGI? Cash donations can be deducted to a maximum of 60% of your AGI.

Donations of capital gain property to public charities are generally limited to % of a taxpayer's AGI? If you hold the assets (whether stock or property) for more than one year, donations can be deducted (at fair market value) to a maximum of 30% of your AGI.

Donations of certain capital gain property to private non operating foundations are limited to % of AGI? When you donate short term capital gain property to private non operating foundations you can deduct up to 30% of your AGI.

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