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19 October, 01:26

All of the contributions were to qualified charitable organizations. When Kell computes the maximumallowable deduction for contributions, what percentage of contribution base income should Kelluse? A. 50%B. 30%C. 10%D. 5%

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  1. 19 October, 04:46
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    The percentage of base income that Kell should use is 10 percentage

    Explanation:

    There are some factors that must be considered while calculating the base income the contribution that is used for deduction the then the dividend amount that is received after deduction

    The net operating loss that is carried back and then the capital loss carry back is also calculated and they are calculated in percentage and the final amount is given
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Home » Business » All of the contributions were to qualified charitable organizations. When Kell computes the maximumallowable deduction for contributions, what percentage of contribution base income should Kelluse? A. 50%B. 30%C. 10%D. 5%
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