If a taxpayer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution.

a. True

b. False

Question

Social Studies

Sergio

27 April, 03:30

If a taxpayer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution.

a. True

b. False

+3

Answers (1)

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Kamden Pruitt · Answer 1

If a tax payer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution. This is because he still has part ownership of the painting.

The answer is letter A. True.

If a taxpayer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution.a. Trueb. False

If a taxpayer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution.

a. True

b. False