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    of art. Is that 20% or 30% AGI llimited????

    #2
    Ok Ok

    it is a 50% organization so she gets 30%.. Right???

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      #3
      Originally posted by JON View Post
      it is a 50% organization so she gets 30%.. Right???
      That would be correct as long as you are not adjusting the FMV by the LT capital gain amount as if you had sold the art piece. If you choose to do that, then you can use the 50% limit.

      Mike

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