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Subject:  Re: taxes in year of inheritance Date:  9/10/2020  1:40 PM
Author:  irasmilo Number:  131038 of 133106

Remember that you must itemize deductions in order to make use of the 100% AGI charitable contribution limit. That shouldn't be an issue if you're donating enough to fund an endowed scholarship. Otherwise, you will be limited to a $300 above the line adjustment for charitable contributions in 2020.

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