Use the following information to complete Paige Turner’s 2017 federal income tax
ID: 2516553 • Letter: U
Question
Use the following information to complete Paige Turner’s 2017 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. what are her caritable contributionsh? which form(s) & what line(s) should be filled?
On May 14, 2017, Paige contributed clothing to the Salvation Army. The original cost of the clothing was $740. She has substantiation valuing the donation at $360. The Salvation Army is located at 350 Stone Ridge Road, Bangor, Maine 04401. In addition, she made the following cash contributions and received a statement from each of the following organizations acknowledging her contribution: (hint: not all are qualified)
Larkin College
$850
United Way
125
First Methodist Church
790
Amos House (homeless shelter)
200
Local Chamber of Commerce
100
Thanks a lot
Larkin College
$850
United Way
125
First Methodist Church
790
Amos House (homeless shelter)
200
Local Chamber of Commerce
100
Explanation / Answer
1. Donations made in kind are not qualified
2.
Donation Total Eligible Valuation of Clothing 360 0 Larkin College 850 850 United Way 125 0 First Methodist Church 790 790 Amos House 200 200 Local Chamber of Commerce 100 100 Total 2425 1940Related Questions
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