Marquita donated stock that she has held for less than a year to a qualified...
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Accounting
Marquita donated stock that she has held for less than a year to a qualified charitable organization her basis in the stock is $ and the fair market value of the stock is $ which of the following statements is true regarding Marquita's donation the stock is capital game property she will deduct $ since her basis is less than the fair market value value the stock is ordinary income property she will deduct $ since her basis is less than fair market value the stock is capital game property she will deduct $ since the capital gain property is allowed to be deducted at farm market value the stock is ordinary income property she will deduct $ since the stock donation is valued at for market value
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