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While the number of the contribution this past year might have been $20,100 (the newest property’s basis) rather than the $15,000 you really subtracted, your own refigured carryover try $5,100 ($20,one hundred thousand − $15,000). The overall deduction this current year are $31,one hundred thousand (your own $twenty-four,100000 current share together with your $5,100000 carryover). The quantity you can deduct to possess charity contributions could be restricted in order to only about 60% of one’s AGI. Their deduction could be then limited by fifty%, 30%, or 20% of your AGI, with respect to the form of property you give and the type of organization you give it to help you.

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