What is laa incorporateds charitable contribution deduction

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Problem

In 2025, LAA Incorporated made a charitable donation of $138,000 to the Trevor Project (a qualifying charity). For the year, LAA reported taxable income of $588,000, which included a $138,000 charitable contribution deduction (before limitation), a $53,800 dividends-received deduction, and a $11,900 net operating loss carryover from 2024. Get the instant assignment help.

What is LAA Incorporated's charitable contribution deduction for 2025?

Reference no: EM133972300

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