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My taxable income is $157,887.00 and I donated $100,000 to Tunnel of Tower, why is the charitable contribution deduction allowed is only $15,789.00 (10%) instead of 25% as published in the IRS allowed deduction?
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@ryeomans1927 wrote:instead of 25% as published in the IRS allowed deduction?
instead of 25% as published in the IRS allowed deduction?
Ten percent is the limit. Where are you seeing 25%?
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