briii3747
26.10.2019 •
Mathematics
Gail is itemizing deductions on her federal income tax return. her agi was $281,980 last year, and she contributed $142,560 to charity. if charitable contributions are deductible up to 50% of a taxpayer's agi, how much can gail deduct for charitable contributions?
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Ответ:
Gail can deduct $140,990 charitable contributions
Ответ:
16% = 16 / 100
= 0.16
16% is also = 16 /100 = 8 / 50 = 4 / 25
Therefore 16% = 16/100, 0.16, 8/50, 4/25
Hope this explains it.