Ruth lewis has adjusted gross income of $100,000 for 2019 and itemizes her deductions. on september 1, 2019, she made a contribution to a private nonoperating foundation (not a 50% charity) of stock held for investment for 2 years that cost $25,000 and had a fair market value of $70,000. the foundation sold the stock for $70,000 on the same date. assume that lewis made no other contributions during 2019. how much should lewis claim as a charitable contribution deduction for 2019?

Chapter Three Summary

Southern Sudan, 2008

After drinking from the muddy water, Nya fills her jar and puts a donut object on her head and starts home knowing the return trip will take longer.

Southern Sudan, 1985

When Salva leaves the barn, he happens upon the house of a Dinka woman with ritual scarring, the same tribe as his. He is relieved to no longer be alone, but he still fears this stranger. She offers him raw peanuts to eat, and he tells her about how he is running from the gunfire. He thinks of the long war over land and water between…