Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

simone donated a landscape painting (tangible capital gain property) to a library, a public charity. she purchased the painting five years ago for $50,000, and on the date of the gift, it had a fair market value of $200,000. what is her maximum charitable contribution deduction for the year if her agi is $300,000?