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First 3 to answer correctly in the forum get a NINJA Flashcard App of their choice.
Charitable contributions subject to the 50% limit that are not fully deductible in the year made may be
a. Neither carried back nor carried forward.
b. Carried back 2 years or carried forward 20 years.
c. Carried forward indefinitely until fully deducted.
d. Carried forward 5 years.
Source: Wiley Test Bank
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Viewing 7 replies - 1 through 7 (of 7 total)
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