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<<<<You want to look at page A-6 of the Form 1040 Instructions. There, you will see that if your Adjusted Gross Income is greater than $124,500, then some of your deductions will be disallowed. But they appear to be investment interest and casualty and theft losses, not charitable contributions. Further, the disallowance is not large.>>>>

To JABoa: I disagree. Charitable contributions are disallowed at relatively low tax rates, depending on the amount of contributions. Even when you are in the 15% bracket excluding capital gains, you may have a reduced amount allowed, as I know from personal experience. It is even more of a problem depending on filing status.

Gapfan :-)

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