Mr. and Mrs. Roque is a philanthropist couple who gave many donations in times of need. In 2020, because of COVID, Taal, several storms, and the incompetence of you know who, they made donations to several people and organizations in order to help them out. Below is the summary of the donations: Date Particulars January 12, 2020 January 30, 2020 Donated building materials worth P150,000 to the people of Tagaytay to assist in the reconstruction of the houses. Donated P30,000 cash to a non-profit organization that distributes food to the people in the evacuation center Donated tents and blankets to the barangay that is January 31, 2020 running the Taal evacuation center worth P50,000 Donated face mask and face April 15, shields to frontliners. 2020 P35,000 Donated relief goods to the May 10, office of the vice president. P 2020 67,000 Donated P90,000 worth of June 15, medical equipment to a 2020 private hospital How much is the exempt donation to be reflected in the donor's tax return? O 237,000 O none of the choices O207,000 O 147,000

Mr. and Mrs. Roque is a philanthropist couple who gave many donations in times of need. In 2020, because of COVID, Taal, several storms, and the incompetence of you know who, they made donations to several people and organizations in order to help them out. Below is the summary of the donations: Date Particulars January 12, 2020 January 30, 2020 Donated building materials worth P150,000 to the people of Tagaytay to assist in the reconstruction of the houses. Donated P30,000 cash to a non-profit organization that distributes food to the people in the evacuation center Donated tents and blankets to the barangay that is January 31, 2020 running the Taal evacuation center worth P50,000 Donated face mask and face April 15, shields to frontliners. 2020 P35,000 Donated relief goods to the May 10, office of the vice president. P 2020 67,000 Donated P90,000 worth of June 15, medical equipment to a 2020 private hospital How much is the exempt donation to be reflected in the donor's tax return? O 237,000 O none of the choices O207,000 O 147,000

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter10: Deductions And Losses: Certain Itemized Deductions

Section: Chapter Questions

Problem 35P: On December 27, 2019, Roberta purchased four tickets to a charity ball sponsored by the city of San...

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