Does it matter what order you take charitable contriubtions when arriving at 50% of AGI? Let's say you have $100K in AGI which means you have a $50K cap for deductible contributions. There is $30K cash donated and $30K LTCG on property donated (no special election for basis on property).
Do I take $30K cash deduction and $20K LTCG property deduction (carrying forward $10K from the property that is left over) or do I take the property deduction first and then carry forward the remaining cash contribution not taken?
Thanks in advance if you can help!
