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§ 7.5 FIFTY PERCENT LIMITATIONEXAMPLE 7.6This example is based on the facts of Example 7.5. Also, B had a contribution base for 2007of $10,000 and for 2008 of $20,000. With respect to 2007, B elected not to itemize hisdeductions and to utilize the standard deduction in computing his taxable income. B’scontributions to public charitable organizations in 2007 were $300 in money. With respectto 2008, B itemized his deductions, which included a $5,000 contribution of money to PC.B’s deductions for 2007 were not increased by reason of the $500 available as a charitablecontribution carryover from 2005 (excess contributions made in 2005 of $2,000, less theamount of the excess treated as paid in 2006 of $1,500), inasmuch as B elected to use thestandard deduction in 2007. For purposes of determining the amount of the excess charitablecontributions made in 2005 that was available as a carryover to 2008, however, B wasrequired to treat the $500 as a charitable contribution paid in 2007—the lesser of $500 or$4,700 (50% of contribution base of $5,000 over contributions actually made in 2007 topublic charitable organizations of $300). Therefore, even though the $5,000 contribution byB in 2008 to PC did not amount to 50 percent of B’s contribution base for 2008 (50% of$20,000), B was able to claim a charitable contribution deduction of only the $5,000actually paid in 2008, because the entire excess charitable contribution made in 2005($2,000) was treated as paid in 2006 ($1,500) and in 2007 ($500). aaReg. § 1.170A-10(b)(2), Example (2).EXAMPLE 7.7The following facts apply with respect to D, who itemized her deductions in computing taxableincome for each of the following years:2005 2006 2007 2008 2009Contribution base $10,000 $7,000 $15,000 $10,000 $9,000Contributions of cash topublic charitableorganizations(no other contributions) 6,000 4,400 8,000 3,000 1,500Allowable charitablecontribution deductions(computed without regard tocarryover of contributions) 5,000 3,500 7,500 5,000 4,500Excess contributions for taxyear to be treated as paid infive succeeding tax years 1,000 900 500 0 0Because D’s contributions in 2008 and 2009 to public charitable organizations were less than50 percent of her contribution base for those years, the excess contributions for 2005, 2006,and 2007 were treated as having been paid to public charitable organizations in 2008 and2009 as follows:2008 197 Less: Amount treatedas paid in year priorto 2002Available charitablecontributionscarryoversContribution yearTotal excess2005 $1,000 0 $1,0002006 900 0 9002007 500 0 500Total $2,40050 percent of D’s contribution base for 2008 $5,000Less: Charitable contributions made in 2008to public charitable organizations 3,000$2,000(continues)