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American College Exam HS330 Topic 1 Question 87 Discussion

Actual exam question for American College's HS330 exam
Question #: 87
Topic #: 1
[All HS330 Questions]

All the following statements concerning a federal estate tax deduction for a bequest or gift to a qualified charity are correct EXCEPT:

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Suggested Answer: D

Contribute your Thoughts:

Felix
5 months ago
Good point, Dana. I’ll go with D too. The others seem accurate.
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Belen
5 months ago
I agree. I’m leaning towards D because the charitable deduction often isn't capped like that.
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Victor
5 months ago
Yeah, D seems off. I remember something about no limit for charitable deductions.
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Sharika
5 months ago
I thought the same. But isn't D also suspicious? I don't recall the 50% limit.
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Tran
6 months ago
I think answer B is tricky. Why would the deduction be reduced by taxes and expenses?
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Victor
6 months ago
So, what do you think about the charity deduction question?
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