Mark Moody has adjusted gross income of $52500 this year. During the year, he gave...
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Mark Moody has adjusted gross income of $52500 this year. During the year, he gave his church $4000 cash and land having a fair market value of $30800 and a basis of $23100. The land was held long-term. A contribution of $9200 in cash was also made to a private charity. How much is the charitable contributions carryover if Mark does not elect to reduce the fair market value by the appreciation in value of the land donated? [For your answer, please use whole numbers (no need to round) and ignore the dollar sign and the comma.] Answer:
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