Jerry made the following contributions during 2022: His synagogue (by check) The Republican Party (by check) The American Red Cross (by check) His fraternal organization for tickets to a holiday. party A baseball autographed by hall-of-fame baseball pitcher Sandy Koufax (basis $0) donated to a public charity Enter all amounts as positive numbers. Gifts to Charity In addition, Jerry donated used furniture to the Salvation Army that he purchased years ago for $10,000 with a fair market value of $2,000. Assume Jerry has. adjusted gross income of $25,000, has the necessary written acknowledgments, and he itemizes his deductions. Complete the Gifts to Charity section of Schedule A below to show Jerry's deduction for 2022. Caution: If you made a gift and got a benefit for it, see instructions. $4,500 400 1,000 100 13 Carryover from prior year.. 14 Add lines 11 through 13. 6,000 11 Gifts by cash or check. If you made any gifhof $250 or more, see instructions..... 12 Other than by cash or check. If you made any gift of $250 or more, see instructions. You must attach Form 8283 if over $500. 11 12 13 5,500 8,000 X 14 13,500 X
Jerry made the following contributions during 2022: His synagogue (by check) The Republican Party (by check) The American Red Cross (by check) His fraternal organization for tickets to a holiday. party A baseball autographed by hall-of-fame baseball pitcher Sandy Koufax (basis $0) donated to a public charity Enter all amounts as positive numbers. Gifts to Charity In addition, Jerry donated used furniture to the Salvation Army that he purchased years ago for $10,000 with a fair market value of $2,000. Assume Jerry has. adjusted gross income of $25,000, has the necessary written acknowledgments, and he itemizes his deductions. Complete the Gifts to Charity section of Schedule A below to show Jerry's deduction for 2022. Caution: If you made a gift and got a benefit for it, see instructions. $4,500 400 1,000 100 13 Carryover from prior year.. 14 Add lines 11 through 13. 6,000 11 Gifts by cash or check. If you made any gifhof $250 or more, see instructions..... 12 Other than by cash or check. If you made any gift of $250 or more, see instructions. You must attach Form 8283 if over $500. 11 12 13 5,500 8,000 X 14 13,500 X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
44.
Subject :- Accounting

Transcribed Image Text:Jerry made the following contributions during 2022:
His synagogue (by check)
The Republican Party (by check)
The American Red Cross (by check)
His fraternal organization for tickets to a holiday.
party
A baseball autographed by hall-of-fame baseball
pitcher Sandy Koufax (basis $0) donated to a public
charity
Enter all amounts as positive numbers.
Gifts to
Charity
$4,500
400
1,000
In addition, Jerry donated used furniture to the Salvation Army that he purchased years ago for $10,000 with a fair market value of $2,000. Assume Jerry has
adjusted gross income of $25,000, has the necessary written acknowledgments, and he itemizes his deductions.
Complete the Gifts to Charity section of Schedule A below to show Jerry's deduction for 2022.
Caution: If you
made a
gift and got a
benefit for it,
see instructions.
100
6,000
11 Gifts by cash or check. If you made any gifhof $250 or more,
see instructions.....
12 Other than by cash or check. If you made any gift of $250 or
more, see instructions. You must attach Form 8283 if over
$500...
13 Carryover from prior year..
14 Add lines 11 through 13...
11
12
13
5,500
8,000
X
14
13,500 X
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