AN UNBIASED VIEW OF DONATING MONEY FOR TAX PURPOSES

An Unbiased View of donating money for tax purposes

A thirty% AGI ceiling also relates to non-money gifts of funds acquire assets held for a 12 months or for a longer period. commonly, deductible contributions that exceed a calendar year’s AGI ceiling, may be carried forward for the subsequent five years, subject matter to applicable AGI limitations during the calendar year claimed. Did the Busin

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