Question and answer
If a taxpayer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution (Points : 5) True
False
The answer is True.
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Original conversation
User: To calculate the amount of state and local income taxes which may be deducted as an itemized deduction, state income taxes paid during the year must be reduced by state income tax refunds received during the year. (Points : 5) True False

User: If a taxpayer contributes a painting to a museum but reserves the right to use the painting for parties, he may not be allowed a deduction for the charitable contribution (Points : 5) True False

Weegy: The answer is True.
Expert answered|jeifunk|Points 7942|



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Asked 11/25/2012 1:16:02 PM
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