SlideShare a Scribd company logo
In 2022, LAA Incorporated made a charitable donation of $120 , 000 to the Trevor Project (a
qualifying charity). For the year, LAA reported taxable income of $570 , 000 , which included a
$120 , 000 charitable contribution deduction (before limitation) and a $52 , 000 dividends-
received deduction. What is LAA Incorporated's charitable contribution deduction for 2022?
Assume the charitable donation is not a qualified contribution because LAA Incorporated did not
make the necessary election.

More Related Content

More from Stewart29UReesa

Nordic Multinationals Nordic countries have small populations ( 6 mill.pdf
Nordic Multinationals Nordic countries have small populations ( 6 mill.pdfNordic Multinationals Nordic countries have small populations ( 6 mill.pdf
Nordic Multinationals Nordic countries have small populations ( 6 mill.pdf
Stewart29UReesa
 
Nordic countries have small populations (6 million in Denmark- 9 milli.pdf
Nordic countries have small populations (6 million in Denmark- 9 milli.pdfNordic countries have small populations (6 million in Denmark- 9 milli.pdf
Nordic countries have small populations (6 million in Denmark- 9 milli.pdf
Stewart29UReesa
 
Ontinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdf
Ontinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdfOntinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdf
Ontinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdf
Stewart29UReesa
 
One of the concerns in severe ankle sprain is that the patient has sus.pdf
One of the concerns in severe ankle sprain is that the patient has sus.pdfOne of the concerns in severe ankle sprain is that the patient has sus.pdf
One of the concerns in severe ankle sprain is that the patient has sus.pdf
Stewart29UReesa
 
no more info Given the system represented by the equations- x1-x22x13.pdf
no more info  Given the system represented by the equations- x1-x22x13.pdfno more info  Given the system represented by the equations- x1-x22x13.pdf
no more info Given the system represented by the equations- x1-x22x13.pdf
Stewart29UReesa
 
On June 13- the board of directors of Siewert Incorporated declared a.pdf
On June 13- the board of directors of Siewert Incorporated declared a.pdfOn June 13- the board of directors of Siewert Incorporated declared a.pdf
On June 13- the board of directors of Siewert Incorporated declared a.pdf
Stewart29UReesa
 
On May 1- 2023- Romy and Vic formed a partnership contributing assets.pdf
On May 1- 2023- Romy and Vic formed a partnership contributing assets.pdfOn May 1- 2023- Romy and Vic formed a partnership contributing assets.pdf
On May 1- 2023- Romy and Vic formed a partnership contributing assets.pdf
Stewart29UReesa
 
On January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdf
On January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdfOn January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdf
On January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdf
Stewart29UReesa
 
need asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdf
need asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdfneed asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdf
need asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdf
Stewart29UReesa
 
On December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdf
On December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdfOn December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdf
On December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdf
Stewart29UReesa
 
On December 10- YR08 the board of directors of Apple Inc- declared a c.pdf
On December 10- YR08 the board of directors of Apple Inc- declared a c.pdfOn December 10- YR08 the board of directors of Apple Inc- declared a c.pdf
On December 10- YR08 the board of directors of Apple Inc- declared a c.pdf
Stewart29UReesa
 
Objective- Write syntactically correct while-for loops Given a list of.pdf
Objective- Write syntactically correct while-for loops Given a list of.pdfObjective- Write syntactically correct while-for loops Given a list of.pdf
Objective- Write syntactically correct while-for loops Given a list of.pdf
Stewart29UReesa
 
Observe the Psilotum photos above- and the fern photos below- On what.pdf
Observe the Psilotum photos above- and the fern photos below- On what.pdfObserve the Psilotum photos above- and the fern photos below- On what.pdf
Observe the Psilotum photos above- and the fern photos below- On what.pdf
Stewart29UReesa
 
Observation of the ring and cross-shaped structures in Bruce's blood m.pdf
Observation of the ring and cross-shaped structures in Bruce's blood m.pdfObservation of the ring and cross-shaped structures in Bruce's blood m.pdf
Observation of the ring and cross-shaped structures in Bruce's blood m.pdf
Stewart29UReesa
 
Official unemployment rates may be underestimate the true rate of unem.pdf
Official unemployment rates may be underestimate the true rate of unem.pdfOfficial unemployment rates may be underestimate the true rate of unem.pdf
Official unemployment rates may be underestimate the true rate of unem.pdf
Stewart29UReesa
 
Ned is a head of household with a dependent son- Todd- who is a full-t.pdf
Ned is a head of household with a dependent son- Todd- who is a full-t.pdfNed is a head of household with a dependent son- Todd- who is a full-t.pdf
Ned is a head of household with a dependent son- Todd- who is a full-t.pdf
Stewart29UReesa
 
Number of years needed to accum ulate a future amount For the followin.pdf
Number of years needed to accum ulate a future amount For the followin.pdfNumber of years needed to accum ulate a future amount For the followin.pdf
Number of years needed to accum ulate a future amount For the followin.pdf
Stewart29UReesa
 
Number the ideas about extinction to show the chronological order in w.pdf
Number the ideas about extinction to show the chronological order in w.pdfNumber the ideas about extinction to show the chronological order in w.pdf
Number the ideas about extinction to show the chronological order in w.pdf
Stewart29UReesa
 
Nursing notes are an example of an unstructured data element- Is there.pdf
Nursing notes are an example of an unstructured data element- Is there.pdfNursing notes are an example of an unstructured data element- Is there.pdf
Nursing notes are an example of an unstructured data element- Is there.pdf
Stewart29UReesa
 
Number the ideas about extinction to show the chronological order in w (2).pdf
Number the ideas about extinction to show the chronological order in w (2).pdfNumber the ideas about extinction to show the chronological order in w (2).pdf
Number the ideas about extinction to show the chronological order in w (2).pdf
Stewart29UReesa
 

More from Stewart29UReesa (20)

Nordic Multinationals Nordic countries have small populations ( 6 mill.pdf
Nordic Multinationals Nordic countries have small populations ( 6 mill.pdfNordic Multinationals Nordic countries have small populations ( 6 mill.pdf
Nordic Multinationals Nordic countries have small populations ( 6 mill.pdf
 
Nordic countries have small populations (6 million in Denmark- 9 milli.pdf
Nordic countries have small populations (6 million in Denmark- 9 milli.pdfNordic countries have small populations (6 million in Denmark- 9 milli.pdf
Nordic countries have small populations (6 million in Denmark- 9 milli.pdf
 
Ontinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdf
Ontinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdfOntinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdf
Ontinostatic typotension Vazodepressor Syncope Shuazanat SyncopeMoveme.pdf
 
One of the concerns in severe ankle sprain is that the patient has sus.pdf
One of the concerns in severe ankle sprain is that the patient has sus.pdfOne of the concerns in severe ankle sprain is that the patient has sus.pdf
One of the concerns in severe ankle sprain is that the patient has sus.pdf
 
no more info Given the system represented by the equations- x1-x22x13.pdf
no more info  Given the system represented by the equations- x1-x22x13.pdfno more info  Given the system represented by the equations- x1-x22x13.pdf
no more info Given the system represented by the equations- x1-x22x13.pdf
 
On June 13- the board of directors of Siewert Incorporated declared a.pdf
On June 13- the board of directors of Siewert Incorporated declared a.pdfOn June 13- the board of directors of Siewert Incorporated declared a.pdf
On June 13- the board of directors of Siewert Incorporated declared a.pdf
 
On May 1- 2023- Romy and Vic formed a partnership contributing assets.pdf
On May 1- 2023- Romy and Vic formed a partnership contributing assets.pdfOn May 1- 2023- Romy and Vic formed a partnership contributing assets.pdf
On May 1- 2023- Romy and Vic formed a partnership contributing assets.pdf
 
On January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdf
On January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdfOn January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdf
On January 1- 2020- Fisher Corporation purchased 40 percent (90-000 sh.pdf
 
need asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdf
need asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdfneed asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdf
need asap- thank you Symbols for Relational Aleebra Expressions and Ot.pdf
 
On December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdf
On December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdfOn December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdf
On December 30- 2020- Inge Co-'s Board of Directors declared a 10- sto.pdf
 
On December 10- YR08 the board of directors of Apple Inc- declared a c.pdf
On December 10- YR08 the board of directors of Apple Inc- declared a c.pdfOn December 10- YR08 the board of directors of Apple Inc- declared a c.pdf
On December 10- YR08 the board of directors of Apple Inc- declared a c.pdf
 
Objective- Write syntactically correct while-for loops Given a list of.pdf
Objective- Write syntactically correct while-for loops Given a list of.pdfObjective- Write syntactically correct while-for loops Given a list of.pdf
Objective- Write syntactically correct while-for loops Given a list of.pdf
 
Observe the Psilotum photos above- and the fern photos below- On what.pdf
Observe the Psilotum photos above- and the fern photos below- On what.pdfObserve the Psilotum photos above- and the fern photos below- On what.pdf
Observe the Psilotum photos above- and the fern photos below- On what.pdf
 
Observation of the ring and cross-shaped structures in Bruce's blood m.pdf
Observation of the ring and cross-shaped structures in Bruce's blood m.pdfObservation of the ring and cross-shaped structures in Bruce's blood m.pdf
Observation of the ring and cross-shaped structures in Bruce's blood m.pdf
 
Official unemployment rates may be underestimate the true rate of unem.pdf
Official unemployment rates may be underestimate the true rate of unem.pdfOfficial unemployment rates may be underestimate the true rate of unem.pdf
Official unemployment rates may be underestimate the true rate of unem.pdf
 
Ned is a head of household with a dependent son- Todd- who is a full-t.pdf
Ned is a head of household with a dependent son- Todd- who is a full-t.pdfNed is a head of household with a dependent son- Todd- who is a full-t.pdf
Ned is a head of household with a dependent son- Todd- who is a full-t.pdf
 
Number of years needed to accum ulate a future amount For the followin.pdf
Number of years needed to accum ulate a future amount For the followin.pdfNumber of years needed to accum ulate a future amount For the followin.pdf
Number of years needed to accum ulate a future amount For the followin.pdf
 
Number the ideas about extinction to show the chronological order in w.pdf
Number the ideas about extinction to show the chronological order in w.pdfNumber the ideas about extinction to show the chronological order in w.pdf
Number the ideas about extinction to show the chronological order in w.pdf
 
Nursing notes are an example of an unstructured data element- Is there.pdf
Nursing notes are an example of an unstructured data element- Is there.pdfNursing notes are an example of an unstructured data element- Is there.pdf
Nursing notes are an example of an unstructured data element- Is there.pdf
 
Number the ideas about extinction to show the chronological order in w (2).pdf
Number the ideas about extinction to show the chronological order in w (2).pdfNumber the ideas about extinction to show the chronological order in w (2).pdf
Number the ideas about extinction to show the chronological order in w (2).pdf
 

Recently uploaded

The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Advantages and Disadvantages of CMS from an SEO Perspective
Advantages and Disadvantages of CMS from an SEO PerspectiveAdvantages and Disadvantages of CMS from an SEO Perspective
Advantages and Disadvantages of CMS from an SEO Perspective
Krisztián Száraz
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
chanes7
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
kimdan468
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
Jisc
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
David Douglas School District
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
Marketing internship report file for MBA
Marketing internship report file for MBAMarketing internship report file for MBA
Marketing internship report file for MBA
gb193092
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
Vikramjit Singh
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
JosvitaDsouza2
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 

Recently uploaded (20)

The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Advantages and Disadvantages of CMS from an SEO Perspective
Advantages and Disadvantages of CMS from an SEO PerspectiveAdvantages and Disadvantages of CMS from an SEO Perspective
Advantages and Disadvantages of CMS from an SEO Perspective
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBCSTRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
STRAND 3 HYGIENIC PRACTICES.pptx GRADE 7 CBC
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
Marketing internship report file for MBA
Marketing internship report file for MBAMarketing internship report file for MBA
Marketing internship report file for MBA
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 

In 2022- LAA Incorporated made a charitable donation of $120-000 to th.pdf

  • 1. In 2022, LAA Incorporated made a charitable donation of $120 , 000 to the Trevor Project (a qualifying charity). For the year, LAA reported taxable income of $570 , 000 , which included a $120 , 000 charitable contribution deduction (before limitation) and a $52 , 000 dividends- received deduction. What is LAA Incorporated's charitable contribution deduction for 2022? Assume the charitable donation is not a qualified contribution because LAA Incorporated did not make the necessary election.