SEntssicopedIndividual L donated $10,000 to a Canadian registered charity. L's taxable income is $226,000. What is the amount of the federaldonation tax credit? (Enter the amount as a positive number.)

Donations given to charities are subjected to tax credits from federal government and also from…

Answered: Individual L donated $10,000 to a…

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter2: Gross Income And Exclusions

Section: Chapter Questions

Problem 30MCQ

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Individual L donated $10,000 to a Canadi donation tax credit? (Enter the amount an