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Charitable contributions
I am resending this email, as I received a response from
John Medio who said he is no longer working with Gewarges 7
Assoc. and I should contact Noel Gewarges ar the above email
address.
In the aftermath of Hurricanes Katrina and Rita our
investment club voted to send a donation to Habitat for
Humanity. How do I enter this expense? Under deductible
charitable expenses, it has 30% Limit Organization and 50%
Limit Organization. What do they mean? Do I pick one of
them? If not, what are my other options?