For the Current Year, Sheila Jones Had Adjusted Gross Income

For the current year, Sheila Jones had adjusted gross income of $100,000. During the year, she contributed $6,000 to her church and an additional $3,000 to qualified charities. She also contributed religious artwork with a fair market value of $60,000 and a basis of $20,000 to her church. The church intends to display the religious artwork in the church foyer. If Sheila chooses to itemize her deductions, what is the amount of her deductible charitable contribution?

A) $9,000.
B) $20,000.
C) $39,000.
D) $49,000.

Correct Answer:

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