Also known as Cardiac Catheter Ablation Catheter ablation is a procedure that uses energy to make small scars in your heart tissue to prevent abnormal electrical signals from moving through your heart.
Gifts of capital gain property generally are limited to either 30% or 20% of AGI, depending on the donee. The only way to apply the 50% limitation to a gift of capital gain property is to elect to take a reduced charitable contribution (i.e., deduct the propertyâs tax basis instead of its FMV).
Basis for deduction. To be deductible as a charitable contribution for federal income tax purposes, a payment to or for the use of a qualified charitable organization must be a gift.1 To be a gift, there must be a payment of money or transfer of property without adequate consideration.