ChiHoang
Level 5
04-11-2023
01:00 PM
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I have clients that put in $1,000,000 in ECLAT. Is it true that they can use up to 30% adjusted gross income for the deduction of the $1,000,000 per year that they placed into that charitable trust ? If so, do I deduct that on schedule A under cash contribution ?
Thanks for your answer.
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