I am planning some significant charitable contributions, and I am confused by the way TT applies IRS pub 526. Here is what I observe as I run three scenarios.
% of AGI as % of AGI as Deducible
Appreciated cash
securities
30 20 50
0 60 60
30 30 50
Can anyone explain why in the third case [donating 30% of AGI as appreciated securities and 30% of AGI as cash) only 50% of the AGI is deductible?
