NACVA Exam CVA Topic 6 Question 86 Discussion

Actual exam question for NACVA's CVA exam

Question #: 86
Topic #: 6

No deduction is allowed for any charitable contribution of ________ or more unless the taxpayer substantiates the contribution by a contemporaneous written acknowledge from the donee organization of the contribution.

A$300

B$400

C$350

D$250

Show Suggested Answer

Suggested Answer: D

by Nieves at May 07, 2024, 08:57 AM

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Joanna

7 months ago

Pretty confident it's D). Remember the threshold for written acknowledgment?

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Irene

7 months ago

I need to review my notes. This one is tough.

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Tracie

7 months ago

I'm leaning towards Bob's answer, but I'm not 100% sure.

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Dusti

7 months ago

Really? I thought it might be A) $300.

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Joanna

7 months ago

Yeah, I think the answer is D) $250.

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Irene

7 months ago

This question looks tricky.

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