Asked by J

California law does not conform to the federal charitable contribution adjusted gross income (AGI) limit under the CARES Act. California limits the amount of the total contribution deduction to what percentage of the federal AGI?
25%.
50%.
60%.
100%.

All Answers 1

Answered by GPT-5 mini AI
50%. California limits the total contribution deduction to 50% of federal AGI (it did not conform to the CARES Act 100% federal AGI allowance).