axelr2020 axelr2020

19-04-2019
Mathematics

contestada

Bill is itemizing deductions on his federal income tax return. His AGI was $325,340 last year, and he contributed $164,580 to charity. If charitable contributions are deductible up to 50% of a taxpayer's AGI, how much can Bill deduct for charitable contributions?

Respuesta :

hoors123 hoors123

19-04-2019

Answer: .5 of 325,340 = 162,670 max deduct

which is less that actual amount given.

Answer Link

LoganBS10 LoganBS10

19-10-2020

Answer:

162,670

Step-by-step explanation:

APEX

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