True/False
Agnes is retired and has only a $12,000 annual pension as income. In 2016, Agnes' aunt dies and leaves her land worth $1.2 million. Agnes sees no need for the land and donates it immediately to a qualified public charity. Agnes may deduct a $1.2 million charitable contribution on her 2016 tax return.
Correct Answer:
Verified
Correct Answer:
Verified
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